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Morocco stocks lower at close of trade; Moroccan All Shares down 0.23%

Published 10/19/2017, 01:05 PM
© Reuters.  Morocco stocks lower at close of trade; Moroccan All Shares down 0.23%
MASI
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ADI
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IBC
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M2M
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SMI
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TIM
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STR
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BMC
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MINES
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TCOM
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Investing.com – Morocco stocks were lower after the close on Thursday, as losses in the Mining, Construction & Building Materials and Telecoms sectors led shares lower.

At the close in Casablanca, the Moroccan All Shares fell 0.23%.

The best performers of the session on the Moroccan All Shares were M2M Group (CS:M2M), which rose 10.00% or 33.70 points to trade at 370.80 at the close. Meanwhile, Alliances (CS:ADI) added 3.67% or 9 points to end at 254 and Timar (CS:TIM) was up 2.89% or 6.50 points to 231.50 in late trade.

The worst performers of the session were IB Maroc Com SA (CS:IBC), which fell 6.47% or 9.00 points to trade at 130.00 at the close. Stroc Industrie (CS:STR) declined 6.14% or 3.40 points to end at 52.00 and SMI (CS:SMI) was down 5.98% or 213 points to 3347.

Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 23 to 20 and 1 ended unchanged.

Crude oil for November delivery was down 1.15% or 0.60 to $51.44 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December fell 1.51% or 0.88 to hit $57.27 a barrel, while the December Gold Futures contract rose 0.49% or 6.32 to trade at $1289.32 a troy ounce.

EUR/MAD was up 0.14% to 11.1280, while USD/MAD fell 0.43% to 9.3942.

The US Dollar Index Futures was down 0.21% at 93.10.

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