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Morocco stocks lower at close of trade; Moroccan All Shares down 0.44%

Published 06/17/2015, 12:05 PM
© Reuters.  Morocco stocks lower at close of trade; Moroccan All Shares down 0.44%
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Investing.com – Morocco stocks were lower after the close on Wednesday, as losses in the Real Estate, Pharmaceutical Industry and Oil & Gas sectors led shares lower.

At the close in Casablanca, the Moroccan All Shares declined 0.44% to hit a new 6-months low.

The best performers of the session on the Moroccan All Shares were Delattre Levivier Maroc (CS:DLM), which rose 9.09% or 20.00 points to trade at 240.00 at the close. Meanwhile, Afric Industries Sa (CS:AFIND) added 5.80% or 17.50 points to end at 319.00 and Nexans Maroc (CS:NEX) was up 4.96% or 8.00 points to 169.00 in late trade.

The worst performers of the session were Douja Prom Addoha (CS:ADH), which fell 5.52% or 1.60 points to trade at 27.37 at the close. Jet Contractors (CS:JET) declined 5.42% or 10.90 points to end at 190.10 and Disway (CS:DWAY) was down 5.38% or 12.30 points to 216.20.

Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 18 to 16 and 4 ended unchanged.

Shares in Douja Prom Addoha (CS:ADH) fell to all time lows; losing 5.52% or 1.60 to 27.37.

Crude oil for August delivery was down 1.52% or 0.92 to $59.53 a barrel. Elsewhere in commodities trading, Brent oil for delivery in August fell 1.20% or 0.77 to hit $62.94 a barrel, while the August Gold contract fell 0.46% or 5.40 to trade at $1175.50 a troy ounce.

EUR/MAD was up 0.23% to 10.9000, while USD/MAD rose 0.29% to 9.6950.

The US Dollar Index was up 0.04% at 95.26.

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