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Morocco stocks lower at close of trade; Moroccan All Shares down 0.20%

Published 02/02/2017, 12:05 PM
© Reuters.  Morocco stocks lower at close of trade; Moroccan All Shares down 0.20%
MASI
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BCP
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NEJ
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SNP
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TIM
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TSF1
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STR
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BMC
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Investing.com – Morocco stocks were lower after the close on Thursday, as losses in the Forestry & Paper, Construction & Building Materials and Utilities sectors led shares lower.

At the close in Casablanca, the Moroccan All Shares lost 0.20%.

The best performers of the session on the Moroccan All Shares were Snep (CS:SNP), which rose 10.00% or 23.20 points to trade at 255.30 at the close. Meanwhile, BCP (CS:BCP) added 3.84% or 11.10 points to end at 300.00 and Auto Nejma (CS:NEJ1) was up 3.81% or 80 points to 2180 in late trade.

The worst performers of the session were Taslif (CS:TSF1), which fell 6.00% or 1.66 points to trade at 26.02 at the close. Timar (CS:TIM) declined 5.97% or 14.50 points to end at 228.50 and Stroc Industrie (CS:STR) was down 4.90% or 2.60 points to 50.50.

Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 28 to 15 and 7 ended unchanged.

Shares in Taslif (CS:TSF1) fell to 5-year lows; down 6.00% or 1.66 to 26.02. Shares in Auto Nejma (CS:NEJ1) rose to 5-year highs; rising 3.81% or 80 to 2180.

Crude oil for March delivery was down 0.02% or 0.01 to $53.87 a barrel. Elsewhere in commodities trading, Brent oil for delivery in April rose 0.21% or 0.12 to hit $56.92 a barrel, while the April Gold Futures contract rose 0.94% or 11.35 to trade at $1219.65 a troy ounce.

EUR/MAD was up 0.11% to 10.7570, while USD/MAD fell 0.12% to 9.9799.

The US Dollar Index Futures was down 0.16% at 99.53.

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