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Morocco stocks lower at close of trade; Moroccan All Shares down 0.53%

Published 12/20/2017, 12:05 PM
© Reuters.  Morocco stocks lower at close of trade; Moroccan All Shares down 0.53%
MASI
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BCI
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FBR
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M2M
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PRO
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JET
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CHIM
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BMC
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IMMOB
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S2M
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Investing.com – Morocco stocks were lower after the close on Wednesday, as losses in the Real Estate, Construction & Building Materials and Chemicals sectors led shares lower.

At the close in Casablanca, the Moroccan All Shares fell 0.53% to hit a new 1-month low.

The best performers of the session on the Moroccan All Shares were BMCI (CS:BMCI), which rose 2.24% or 19 points to trade at 869 at the close. Meanwhile, S2M (CS:S2M) added 2.05% or 5.40 points to end at 268.40 and Jet Contractors (CS:JET) was up 1.96% or 7.00 points to 365.00 in late trade.

The worst performers of the session were M2M Group (CS:M2M), which fell 6.75% or 27.00 points to trade at 373.00 at the close. Fenie Brossette (CS:FBR) declined 4.60% or 7.95 points to end at 165.00 and Promopharm S.A. (CS:PRO) was down 3.94% or 61 points to 1489.

Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 23 to 11 and 7 ended unchanged.

Crude oil for February delivery was up 0.61% or 0.35 to $57.91 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February rose 0.56% or 0.36 to hit $64.16 a barrel, while the February Gold Futures contract rose 0.32% or 4.10 to trade at $1268.30 a troy ounce.

EUR/MAD was up 0.16% to 11.1830, while USD/MAD fell 0.25% to 9.4065.

The US Dollar Index Futures was down 0.17% at 92.89.

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