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Morocco stocks lower at close of trade; Moroccan All Shares down 0.36%

Published 10/25/2018, 01:05 PM
© Reuters.  Morocco stocks lower at close of trade; Moroccan All Shares down 0.36%
MASI
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ATL
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BCI
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MDP
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TIM
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STR
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FIN
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MINES
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IMMOB
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RDS
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Investing.com – Morocco stocks were lower after the close on Thursday, as losses in the Real Estate, Invest Companies & Other Finance and Mining sectors led shares lower.

At the close in Casablanca, the Moroccan All Shares declined 0.36% to hit a new 52-week low.

The best performers of the session on the Moroccan All Shares were Med Paper (CS:PAP), which rose 9.76% or 2.04 points to trade at 22.95 at the close. Meanwhile, Timar (CS:TIM) added 5.55% or 11.10 points to end at 211.00 and Atlanta (CS:ATL) was up 4.42% or 2.62 points to 61.89 in late trade.

The worst performers of the session were Stroc Industrie (CS:STR), which fell 9.91% or 2.67 points to trade at 24.28 at the close. Residences Dar Saada SA (CS:RDS) declined 5.67% or 5.50 points to end at 91.50 and BMCI (CS:BMCI) was down 5.33% or 40 points to 710.

Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 18 to 12 and 8 ended unchanged.

Shares in Residences Dar Saada SA (CS:RDS) fell to all time lows; down 5.67% or 5.50 to 91.50.

Crude oil for December delivery was up 0.69% or 0.46 to $67.28 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December rose 0.59% or 0.45 to hit $76.62 a barrel, while the December Gold Futures contract rose 0.37% or 4.60 to trade at $1232.40 a troy ounce.

EUR/MAD was down 0.06% to 10.8480, while USD/MAD rose 0.06% to 9.5355.

The US Dollar Index Futures was up 0.24% at 96.41.

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