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Morocco stocks lower at close of trade; Moroccan All Shares down 0.34%

Published 12/06/2018, 12:05 PM
© Reuters.  Morocco stocks lower at close of trade; Moroccan All Shares down 0.34%
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Investing.com – Morocco stocks were lower after the close on Thursday, as losses in the Insurance, Hotels, Restaurants & Leisure and Software & Computer Services sectors led shares lower.

At the close in Casablanca, the Moroccan All Shares lost 0.34%.

The best performers of the session on the Moroccan All Shares were Alliances (CS:ADI), which rose 7.36% or 5 points to trade at 79 at the close. Meanwhile, Med Paper (CS:PAP) added 4.71% or 0.99 points to end at 21.99 and CIH (CS:CIH) was up 4.45% or 12.70 points to 298.00 in late trade.

The worst performers of the session were Micro Data SA (CS:MIC), which fell 8.16% or 21.80 points to trade at 245.20 at the close. M2M Group (CS:M2M) declined 5.49% or 25.00 points to end at 430.10 and Wafa Assurance (CS:WASS) was down 5.18% or 224 points to 4101.

Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 16 to 14 and 3 ended unchanged.

Crude oil for January delivery was down 3.33% or 1.76 to $51.13 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February fell 3.38% or 2.08 to hit $59.48 a barrel, while the February Gold Futures contract rose 0.23% or 2.85 to trade at $1245.45 a troy ounce.

EUR/MAD was up 0.11% to 10.7990, while USD/MAD fell 0.11% to 9.5003.

The US Dollar Index Futures was down 0.27% at 96.745.

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