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Morocco stocks lower at close of trade; Moroccan All Shares down 0.49%

Published 08/29/2018, 01:05 PM
© Reuters.  Morocco stocks lower at close of trade; Moroccan All Shares down 0.49%
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Investing.com – Morocco stocks were lower after the close on Wednesday, as losses in the Chemicals, Forestry & Paper and Construction & Building Materials sectors led shares lower.

At the close in Casablanca, the Moroccan All Shares lost 0.49%.

The best performers of the session on the Moroccan All Shares were Zellidja S.A (CS:ZELI), which rose 5.98% or 5.80 points to trade at 102.80 at the close. Meanwhile, Total Maroc SA (CS:TMA) added 2.97% or 37.0 points to end at 1283.0 and Colorado (CS:COL) was up 2.82% or 2.00 points to 73.00 in late trade.

The worst performers of the session were Snep (CS:SNP), which fell 9.98% or 59.90 points to trade at 540.10 at the close. Med Paper (CS:PAP) declined 6.04% or 1.35 points to end at 21.00 and Afric Industries Sa (CS:AFIND) was down 5.77% or 16.50 points to 269.50.

Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 15 to 11 and 7 ended unchanged.

Shares in Snep (CS:SNP) fell to 52-week lows; falling 9.98% or 59.90 to 540.10.

Crude oil for October delivery was up 1.33% or 0.91 to $69.44 a barrel. Elsewhere in commodities trading, Brent oil for delivery in November rose 1.40% or 1.07 to hit $77.36 a barrel, while the December Gold Futures contract fell 0.16% or 1.90 to trade at $1212.50 a troy ounce.

EUR/MAD was down 0.10% to 10.9840, while USD/MAD fell 0.11% to 9.3840.

The US Dollar Index Futures was down 0.13% at 94.51.

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