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Morocco stocks lower at close of trade; Moroccan All Shares down 0.62%

Published 07/21/2017, 01:05 PM
© Reuters.  Morocco stocks lower at close of trade; Moroccan All Shares down 0.62%
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Investing.com – Morocco stocks were lower after the close on Friday, as losses in the Utilities, Oil & Gas and Software & Computer Services sectors led shares lower.

At the close in Casablanca, the Moroccan All Shares lost 0.62%.

The best performers of the session on the Moroccan All Shares were Sonasid (CS:SOND), which rose 9.98% or 46 points to trade at 506 at the close. Meanwhile, Risma (CS:RIS) added 7.90% or 9.15 points to end at 125.00 and Agma Lahlou-Tazi (CS:AGMA) was up 3.21% or 84 points to 2700 in late trade.

The worst performers of the session were Timar (CS:TIM), which fell 9.99% or 28.95 points to trade at 260.95 at the close. Afriquia Gaz (CS:AGAZ1) declined 5.97% or 176 points to end at 2774 and BMCI (CS:BMCI) was down 5.97% or 40 points to 630.

Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 38 to 15 and 5 ended unchanged.

Shares in Sonasid (CS:SOND) rose to 52-week highs; rising 9.98% or 46 to 506.

Crude oil for September delivery was down 2.26% or 1.06 to $45.86 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September fell 2.15% or 1.06 to hit $48.24 a barrel, while the August Gold Futures contract rose 0.62% or 7.66 to trade at $1253.16 a troy ounce.

EUR/MAD was up 0.14% to 11.1090, while USD/MAD fell 0.10% to 9.5270.

The US Dollar Index Futures was down 0.34% at 93.76.

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