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Morocco stocks lower at close of trade; Moroccan All Shares down 0.57%

Published 10/06/2015, 12:05 PM
© Reuters.  Morocco stocks lower at close of trade; Moroccan All Shares down 0.57%
MASI
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ADI
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COL
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NEJ
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SNP
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STR
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PG
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PHARM
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IMMOB
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S2M
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Investing.com – Morocco stocks were lower after the close on Tuesday, as losses in the Real Estate, Pharmaceutical Industry and Oil & Gas sectors led shares lower.

At the close in Casablanca, the Moroccan All Shares lost 0.57% to hit a new 52-week low.

The best performers of the session on the Moroccan All Shares were S2M (CS:S2M), which rose 4.47% or 8.50 points to trade at 198.50 at the close. Meanwhile, Auto Nejma (CS:NEJ1) added 4.00% or 68 points to end at 1768 and Snep (CS:SNP) was up 3.82% or 3.90 points to 105.95 in late trade.

The worst performers of the session were Alliances (CS:ADI), which fell 9.94% or 4 points to trade at 33 at the close. Colorado (CS:COL) declined 6.00% or 4.38 points to end at 68.62 and Stroc Industrie (CS:STR) was down 6.00% or 3.60 points to 56.40.

Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 24 to 13 and 2 ended unchanged.

Shares in Alliances (CS:ADI) fell to all time lows; down 9.94% or 4 to 33. Shares in Auto Nejma (CS:NEJ1) rose to 5-year highs; gaining 4.00% or 68 to 1768. Shares in Stroc Industrie (CS:STR) fell to 52-week lows; losing 6.00% or 3.60 to 56.40.

Crude oil for November delivery was up 4.50% or 2.08 to $48.34 a barrel. Elsewhere in commodities trading, Brent oil for delivery in November rose 5.07% or 2.50 to hit $51.74 a barrel, while the December Gold contract rose 0.88% or 10.00 to trade at $1147.60 a troy ounce.

EUR/MAD was up 0.27% to 10.9120, while USD/MAD fell 0.41% to 9.6884.

The US Dollar Index was down 0.64% at 95.61.

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