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Morocco stocks lower at close of trade; Moroccan All Shares down 0.03%

Published 06/05/2018, 01:05 PM
© Reuters.  Morocco stocks lower at close of trade; Moroccan All Shares down 0.03%
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Investing.com – Morocco stocks were lower after the close on Tuesday, as losses in the Beverage, Oil & Gas and Distributors sectors led shares lower.

At the close in Casablanca, the Moroccan All Shares fell 0.03%.

The best performers of the session on the Moroccan All Shares were Micro Data SA (CS:MIC), which rose 6.48% or 17.95 points to trade at 295.00 at the close. Meanwhile, BMCI (CS:BMCI) added 6.17% or 56 points to end at 958 and Maghreb Oxygene (CS:OXYG) was up 5.99% or 8.45 points to 149.50 in late trade.

The worst performers of the session were Stroc Industrie (CS:STR), which fell 9.97% or 3.39 points to trade at 30.60 at the close. Total Maroc SA (CS:TMA) declined 7.52% or 96.0 points to end at 1181.0 and Auto Nejma (CS:NEJ1) was down 5.98% or 133 points to 2091.

Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 18 to 16 and 3 ended unchanged.

Shares in Stroc Industrie (CS:STR) fell to all time lows; losing 9.97% or 3.39 to 30.60. Shares in Total Maroc SA (CS:TMA) fell to 52-week lows; down 7.52% or 96.0 to 1181.0.

Crude oil for July delivery was up 0.68% or 0.44 to $65.19 a barrel. Elsewhere in commodities trading, Brent oil for delivery in August fell 0.53% or 0.40 to hit $74.89 a barrel, while the August Gold Futures contract rose 0.45% or 5.80 to trade at $1303.10 a troy ounce.

EUR/MAD was up 0.06% to 11.1010, while USD/MAD fell 0.08% to 9.4777.

The US Dollar Index Futures was down 0.19% at 93.84.

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