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Morocco stocks lower at close of trade; Moroccan All Shares down 0.10%

Published 09/06/2017, 01:05 PM
© Reuters.  Morocco stocks lower at close of trade; Moroccan All Shares down 0.10%
MASI
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GAZ
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IBC
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RIS
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Investing.com – Morocco stocks were lower after the close on Wednesday, as losses in the Oil & Gas, Pharmaceutical Industry and Construction & Building Materials sectors led shares lower.

At the close in Casablanca, the Moroccan All Shares fell 0.10%.

The best performers of the session on the Moroccan All Shares were IB Maroc Com SA (CS:IBC), which rose 9.99% or 15.65 points to trade at 172.25 at the close. Meanwhile, Risma (CS:RIS) added 4.91% or 8.00 points to end at 171.00 and Snep (CS:SNP) was up 4.77% or 32.50 points to 714.50 in late trade.

The worst performers of the session were Afriquia Gaz (CS:AGAZ1), which fell 5.73% or 169 points to trade at 2781 at the close. Timar (CS:TIM) declined 2.99% or 7.35 points to end at 238.60 and Ennakl Automobiles SA (CS:NKL) was down 2.98% or 1.69 points to 55.00.

Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 16 to 15 and 8 ended unchanged.

Shares in IB Maroc Com SA (CS:IBC) rose to 3-years highs; rising 9.99% or 15.65 to 172.25. Shares in Snep (CS:SNP) rose to 5-year highs; gaining 4.77% or 32.50 to 714.50.

Crude oil for October delivery was up 0.99% or 0.48 to $49.14 a barrel. Elsewhere in commodities trading, Brent oil for delivery in November rose 1.14% or 0.61 to hit $53.99 a barrel, while the December Gold Futures contract fell 0.41% or 5.53 to trade at $1338.97 a troy ounce.

EUR/MAD was up 0.04% to 11.1570, while USD/MAD fell 0.06% to 9.3707.

The US Dollar Index Futures was down 0.12% at 92.17.

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