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Morocco stocks lower at close of trade; Moroccan All Shares down 0.96%

Published 06/26/2018, 01:05 PM
© Reuters.  Morocco stocks lower at close of trade; Moroccan All Shares down 0.96%
MASI
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CMT
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DLM
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LYD
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WAA
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STR
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Investing.com – Morocco stocks were lower after the close on Tuesday, as losses in the Forestry & Paper, Insurance and Invest Companies & Other Finance sectors led shares lower.

At the close in Casablanca, the Moroccan All Shares fell 0.96% to hit a new 6-months low.

The best performers of the session on the Moroccan All Shares were Lydec (CS:LYD), which rose 5.43% or 31.00 points to trade at 602.00 at the close. Meanwhile, Delattre Levivier Maroc (CS:DLM) added 5.16% or 7.95 points to end at 162.00 and Miniere Touissit (CS:CMT) was up 5.03% or 83 points to 1733 in late trade.

The worst performers of the session were Stroc Industrie (CS:STR), which fell 9.63% or 2.98 points to trade at 27.97 at the close. Ennakl Automobiles SA (CS:NKL) declined 9.09% or 4.00 points to end at 40.00 and Wafa Assurance (CS:WASS) was down 7.79% or 380 points to 4500.

Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 19 to 17 and 4 ended unchanged.

Shares in Ennakl Automobiles SA (CS:NKL) fell to 52-week lows; down 9.09% or 4.00 to 40.00. Shares in Wafa Assurance (CS:WASS) fell to 52-week lows; down 7.79% or 380 to 4500.

Crude oil for August delivery was up 3.30% or 2.25 to $70.33 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September rose 2.05% or 1.53 to hit $76.08 a barrel, while the August Gold Futures contract fell 0.56% or 7.10 to trade at $1261.80 a troy ounce.

EUR/MAD was down 0.12% to 11.0830, while USD/MAD rose 0.17% to 9.4975.

The US Dollar Index Futures was up 0.35% at 94.28.

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