Investing.com – Morocco stocks were lower after the close on Thursday, as losses in the Mining, Chemicals and Banking sectors led shares lower.
At the close in Casablanca, the Moroccan All Shares declined 0.02% to hit a new 52-week low.
The best performers of the session on the Moroccan All Shares were M2M Group (CS:M2M), which rose 5.53% or 26.20 points to trade at 500.00 at the close. Meanwhile, Stroc Industrie (CS:STR) added 3.93% or 1.08 points to end at 28.59 and Sonasid (CS:SOND) was up 3.33% or 17 points to 540 in late trade.
The worst performers of the session were Managem (CS:MNG), which fell 9.95% or 138 points to trade at 1249 at the close. Agma Lahlou-Tazi (CS:AGMA) declined 5.47% or 168 points to end at 2901 and Snep (CS:SNP) was down 3.04% or 20.00 points to 638.00.
Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 15 to 13 and 5 ended unchanged.
Shares in Managem (CS:MNG) fell to 52-week lows; down 9.95% or 138 to 1249.
Crude oil for August delivery was down 0.94% or 0.66 to $69.72 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September rose 0.44% or 0.32 to hit $73.72 a barrel, while the August Gold Futures contract rose 0.22% or 2.70 to trade at $1247.10 a troy ounce.
EUR/MAD was up 0.03% to 11.0610, while USD/MAD fell 0.05% to 9.4668.
The US Dollar Index Futures was up 0.01% at 94.49.