Investing.com – Morocco stocks were lower after the close on Thursday, as losses in the Electrical & Electronic equipment, Real Estate and Construction & Building Materials sectors led shares lower.
At the close in Casablanca, the Moroccan All Shares fell 0.31% to hit a new 52-week low.
The best performers of the session on the Moroccan All Shares were Colorado (CS:COL), which rose 5.97% or 4.10 points to trade at 72.72 at the close. Meanwhile, Disway (CS:DWAY) added 1.85% or 4.00 points to end at 220.00 and Itissalat Al-Maghrib (CS:IAM) was up 0.84% or 0.90 points to 107.40 in late trade.
The worst performers of the session were Alliances (CS:ADI), which fell 9.93% or 3 points to trade at 27 at the close. Nexans Maroc (CS:NEX) declined 5.66% or 8.40 points to end at 140.00 and CIH (CS:CIH) was down 5.17% or 15.00 points to 275.00.
Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 15 to 5 and 4 ended unchanged.
Shares in Alliances (CS:ADI) fell to all time lows; losing 9.93% or 3 to 27. Shares in CIH (CS:CIH) fell to 52-week lows; falling 5.17% or 15.00 to 275.00.
Crude oil for November delivery was up 3.05% or 1.46 to $49.27 a barrel. Elsewhere in commodities trading, Brent oil for delivery in November rose 2.97% or 1.52 to hit $52.85 a barrel, while the December Gold contract fell 0.42% or 4.80 to trade at $1143.90 a troy ounce.
EUR/MAD was up 0.17% to 10.9200, while USD/MAD fell 0.42% to 9.6716.
The US Dollar Index was down 0.27% at 95.39.