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Morocco stocks lower at close of trade; Moroccan All Shares down 0.19%

Published 10/05/2015, 12:05 PM
© Reuters.  Morocco stocks lower at close of trade; Moroccan All Shares down 0.19%

Investing.com – Morocco stocks were lower after the close on Monday, as losses in the Real Estate, Pharmaceutical Industry and Oil & Gas sectors led shares lower.

At the close in Casablanca, the Moroccan All Shares declined 0.19%.

The best performers of the session on the Moroccan All Shares were Jet Contractors (CS:JET), which rose 5.94% or 11.30 points to trade at 201.30 at the close. Meanwhile, Atlanta (CS:ATL) added 5.53% or 3.05 points to end at 58.17 and Cartier Saada (CS:CRS) was up 4.94% or 0.90 points to 19.10 in late trade.

The worst performers of the session were Alliances (CS:ADI), which fell 5.98% or 2 points to trade at 36 at the close. Stroc Industrie (CS:STR) declined 4.76% or 3.00 points to end at 60.00 and M2M Group (CS:M2M) was down 1.66% or 3.95 points to 232.80.

Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 14 to 10 and 7 ended unchanged.

Shares in Alliances (CS:ADI) fell to all time lows; falling 5.98% or 2 to 36. Shares in Stroc Industrie (CS:STR) fell to 52-week lows; falling 4.76% or 3.00 to 60.00.

Crude oil for November delivery was up 2.35% or 1.07 to $46.61 a barrel. Elsewhere in commodities trading, Brent oil for delivery in November rose 3.15% or 1.51 to hit $49.65 a barrel, while the December Gold contract fell 0.32% or 3.60 to trade at $1133.00 a troy ounce.

EUR/MAD was up 0.07% to 10.9030, while USD/MAD rose 0.15% to 9.7245.

The US Dollar Index was up 0.11% at 96.14.

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