Investing.com – Morocco stocks were lower after the close on Thursday, as losses in the Chemicals, Electrical & Electronic equipment and Oil & Gas sectors led shares lower.
At the close in Casablanca, the Moroccan All Shares fell 0.12%.
The best performers of the session on the Moroccan All Shares were IB Maroc Com SA (CS:IBC), which rose 5.44% or 4.64 points to trade at 89.89 at the close. Meanwhile, Taslif (CS:TSF1) added 3.92% or 1.00 points to end at 26.50 and Stroc Industrie (CS:STR) was up 3.81% or 1.74 points to 47.40 in late trade.
The worst performers of the session were Ennakl Automobiles SA (CS:NKL), which fell 8.06% or 3.95 points to trade at 45.05 at the close. Snep (CS:SNP) declined 5.53% or 42.00 points to end at 717.00 and Nexans Maroc (CS:NEX) was down 4.96% or 6.75 points to 129.25.
Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 23 to 17 and 6 ended unchanged.
Shares in Ennakl Automobiles SA (CS:NKL) fell to 52-week lows; falling 8.06% or 3.95 to 45.05. Shares in Nexans Maroc (CS:NEX) fell to 52-week lows; falling 4.96% or 6.75 to 129.25.
Crude oil for May delivery was up 0.62% or 0.40 to $64.78 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June rose 0.58% or 0.40 to hit $69.16 a barrel, while the April Gold Futures contract fell 0.16% or 2.10 to trade at $1322.10 a troy ounce.
EUR/MAD was down 0.07% to 11.3190, while USD/MAD rose 0.09% to 9.2110.
The US Dollar Index Futures was up 0.08% at 89.83.