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Morocco stocks lower at close of trade; Moroccan All Shares down 0.37%

Published 07/21/2015, 12:05 PM
Updated 07/21/2015, 12:06 PM
© Reuters.  Morocco stocks lower at close of trade; Moroccan All Shares down 0.37%
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Investing.com – Morocco stocks were lower after the close on Tuesday, as losses in the Transport, Holding Companies and Real Estate sectors led shares lower.

At the close in Casablanca, the Moroccan All Shares lost 0.37%.

The best performers of the session on the Moroccan All Shares were Nexans Maroc (CS:NEX), which rose 6.00% or 9.00 points to trade at 159.00 at the close. Meanwhile, Fenie Brossette (CS:FBR) added 5.97% or 6.15 points to end at 109.15 and Alliances (CS:ADI) was up 4.86% or 3 points to 56 in late trade.

The worst performers of the session were CGI (CS:CGI), which fell 9.93% or 71 points to trade at 644 at the close. Lafarge Ciments (CS:LAC) declined 4.02% or 78 points to end at 1862 and Timar (CS:TIM) was down 3.61% or 15.00 points to 400.00.

Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 23 to 22 and 6 ended unchanged.

Shares in CGI (CS:CGI) fell to 52-week lows; losing 9.93% or 71 to 644.

Crude oil for September delivery was up 0.40% or 0.20 to $50.64 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September rose 0.10% or 0.06 to hit $56.70 a barrel, while the August Gold contract fell 0.18% or 2.00 to trade at $1104.80 a troy ounce.

EUR/MAD was up 0.71% to 10.7990, while USD/MAD fell 0.35% to 9.8779.

The US Dollar Index was down 0.71% at 97.48.

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