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Morocco stocks lower at close of trade; Moroccan All Shares down 0.49%

Published 07/19/2017, 01:05 PM
© Reuters.  Morocco stocks lower at close of trade; Moroccan All Shares down 0.49%
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Investing.com – Morocco stocks were lower after the close on Wednesday, as losses in the Hotels, Restaurants & Leisure, Food Producers & Processors and Software & Computer Services sectors led shares lower.

At the close in Casablanca, the Moroccan All Shares fell 0.49%.

The best performers of the session on the Moroccan All Shares were Cartier Saada (CS:CRS), which rose 4.58% or 1.19 points to trade at 27.19 at the close. Meanwhile, Delattre Levivier Maroc (CS:DLM) added 4.31% or 7.75 points to end at 187.75 and Ennakl Automobiles SA (CS:NKL) was up 3.40% or 1.94 points to 58.94 in late trade.

The worst performers of the session were Hps (CS:HPS), which fell 5.33% or 80.00 points to trade at 1420.00 at the close. Cosumar (CS:CSMR) declined 5.23% or 16 points to end at 290 and Realis. Mecaniques (CS:SRM) was down 4.76% or 16.00 points to 320.00.

Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 26 to 15 and 11 ended unchanged.

Shares in Cartier Saada (CS:CRS) rose to all time highs; gaining 4.58% or 1.19 to 27.19.

Crude oil for August delivery was up 1.19% or 0.55 to $46.95 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September rose 1.29% or 0.63 to hit $49.47 a barrel, while the August Gold Futures contract rose 0.00% or 0.02 to trade at $1241.92 a troy ounce.

EUR/MAD was down 0.11% to 11.0520, while USD/MAD rose 0.19% to 9.5940.

The US Dollar Index Futures was up 0.12% at 94.56.

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