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Morocco stocks lower at close of trade; Moroccan All Shares down 0.50%

Published 09/24/2018, 01:05 PM
© Reuters.  Morocco stocks lower at close of trade; Moroccan All Shares down 0.50%
MASI
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COL
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DHO
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CMA
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SLF
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SNA
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Investing.com – Morocco stocks were lower after the close on Monday, as losses in the Transport, Construction & Building Materials and Insurance sectors led shares lower.

At the close in Casablanca, the Moroccan All Shares lost 0.50%.

The best performers of the session on the Moroccan All Shares were Delta Holding S.A (CS:DHO), which rose 4.80% or 1.58 points to trade at 34.48 at the close. Meanwhile, Salafin (CS:SLF) added 4.17% or 40 points to end at 1000 and Disway SA (CS:DWY) was up 2.80% or 10.95 points to 402.00 in late trade.

The worst performers of the session were Ciments Du Maroc (CS:SCM), which fell 4.83% or 71 points to trade at 1400 at the close. Colorado (CS:COL) declined 4.10% or 2.99 points to end at 70.00 and Stokvis Nord Afrique (CS:SNA) was down 2.83% or 0.35 points to 12.00.

Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 18 to 12 and 9 ended unchanged.

Shares in Ciments Du Maroc (CS:SCM) fell to 52-week lows; down 4.83% or 71 to 1400. Shares in Stokvis Nord Afrique (CS:SNA) fell to all time lows; losing 2.83% or 0.35 to 12.00.

Crude oil for November delivery was up 1.84% or 1.30 to $72.08 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December rose 2.49% or 1.95 to hit $80.19 a barrel, while the December Gold Futures contract rose 0.29% or 3.50 to trade at $1204.80 a troy ounce.

EUR/MAD was up 0.02% to 11.0020, while USD/MAD fell 0.12% to 9.3485.

The US Dollar Index Futures was down 0.05% at 93.74.

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