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Morocco stocks lower at close of trade; Moroccan All Shares down 0.24%

Published 11/29/2018, 12:05 PM
© Reuters.  Morocco stocks lower at close of trade; Moroccan All Shares down 0.24%
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Investing.com – Morocco stocks were lower after the close on Thursday, as losses in the Invest Companies & Other Finance, Construction & Building Materials and Holding Companies sectors led shares lower.

At the close in Casablanca, the Moroccan All Shares lost 0.24%.

The best performers of the session on the Moroccan All Shares were IB Maroc Com SA (CS:IBC), which rose 7.90% or 4.90 points to trade at 66.90 at the close. Meanwhile, Saham Assurance (CS:SAH) added 3.50% or 49 points to end at 1449 and Stokvis Nord Afrique (CS:SNA) was up 2.86% or 0.30 points to 10.80 in late trade.

The worst performers of the session were Ennakl Automobiles SA (CS:NKL), which fell 6.28% or 2.35 points to trade at 35.05 at the close. Salafin (CS:SLF) declined 5.77% or 57 points to end at 931 and LafargeHolcim Maroc (CS:LHM) was down 2.36% or 41 points to 1699.

Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 19 to 14 and 3 ended unchanged.

Crude oil for January delivery was up 2.84% or 1.43 to $51.72 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February rose 1.88% or 1.11 to hit $60.20 a barrel, while the February Gold Futures contract rose 0.20% or 2.40 to trade at $1232.20 a troy ounce.

EUR/MAD was up 0.04% to 10.8030, while USD/MAD fell 0.10% to 9.4908.

The US Dollar Index Futures was up 0.05% at 96.732.

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