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Morocco stocks lower at close of trade; Moroccan All Shares down 0.74%

Published 06/16/2015, 12:05 PM
© Reuters.  Morocco stocks lower at close of trade; Moroccan All Shares down 0.74%
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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 0.74% 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 9.45% or 19.00 points to trade at 220.00 at the close. Meanwhile, Disway (CS:DWAY) added 3.86% or 8.50 points to end at 228.50 and Snep (CS:SNP) was up 3.85% or 4.55 points to 122.55 in late trade.

The worst performers of the session were Realis. Mecaniques (CS:SRM), which fell 5.82% or 13.00 points to trade at 210.00 at the close. Managem (CS:MNG) declined 5.74% or 53 points to end at 870 and Stroc Industrie (CS:STR) was down 3.34% or 2.89 points to 83.61.

Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 17 to 15 and 6 ended unchanged.

Shares in Realis. Mecaniques (CS:SRM) fell to all time lows; falling 5.82% or 13.00 to 210.00. Shares in Stroc Industrie (CS:STR) fell to 52-week lows; losing 3.34% or 2.89 to 83.61.

Crude oil for August delivery was up 0.73% or 0.44 to $60.44 a barrel. Elsewhere in commodities trading, Brent oil for delivery in August fell 0.45% or 0.28 to hit $63.66 a barrel, while the August Gold contract fell 0.57% or 6.70 to trade at $1179.10 a troy ounce.

EUR/MAD was down 0.13% to 10.8700, while USD/MAD rose 0.17% to 9.6739.

The US Dollar Index was up 0.25% at 95.30.

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