Investing.com – Morocco stocks were lower after the close on Thursday, as losses in the Utilities, Forestry & Paper and Mining sectors led shares lower.
At the close in Casablanca, the Moroccan All Shares declined 0.09% to hit a new 1-month low.
The best performers of the session on the Moroccan All Shares were Nexans Maroc (CS:NEX), which rose 2.99% or 3.95 points to trade at 135.95 at the close. Meanwhile, Risma (CS:RIS) added 2.80% or 4.35 points to end at 159.95 and BCP (CS:BCP) was up 2.59% or 7.55 points to 299.00 in late trade.
The worst performers of the session were Stokvis Nord Afrique (CS:SNA), which fell 3.59% or 0.70 points to trade at 18.80 at the close. Ciments Du Maroc (CS:SCM) declined 3.26% or 59 points to end at 1750 and Fenie Brossette (CS:FBR) was down 3.20% or 4.00 points to 121.00.
Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 23 to 11 and 6 ended unchanged.
Shares in Fenie Brossette (CS:FBR) fell to 52-week lows; losing 3.20% or 4.00 to 121.00.
Crude oil for May delivery was down 1.20% or 0.78 to $64.39 a barrel. Elsewhere in commodities trading, Brent oil for delivery in May fell 0.78% or 0.54 to hit $68.93 a barrel, while the April Gold Futures contract rose 0.30% or 4.00 to trade at $1325.50 a troy ounce.
EUR/MAD was down 0.08% to 11.3080, while USD/MAD rose 0.23% to 9.1887.
The US Dollar Index Futures was up 0.22% at 89.48.