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Morocco shares lower at close of trade; Moroccan All Shares down 0.17%

Published 2017-03-03, 12:05 p/m
© Reuters.  Morocco shares lower at close of trade; Moroccan All Shares down 0.17%
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Investing.com – Morocco equities were lower at the close on Friday, as losses in the Forestry & Paper, Hotels, Restaurants & Leisure and Chemicals sectors propelled shares lower.

At the close in Casablanca, the Moroccan All Shares declined 0.17%.

The biggest gainers of the session on the Moroccan All Shares were M2M Group (CS:M2M), which rose 6.76% or 21.85 points to trade at 344.90 at the close. Oulmes (CS:OULM) added 5.99% or 85 points to end at 1505 and Timar (CS:TIM) was up 5.98% or 11.95 points to 211.95 in late trade.

Biggest losers included Stokvis Nord Afrique (CS:SNA), which lost 5.62% or 1.25 points to trade at 21.00 in late trade. Involys (CS:INV) declined 3.62% or 4.70 points to end at 125.00 and Auto Hall (CS:AUTO) shed 3.17% or 3.60 points to 109.80.

Declining stocks outnumbered rising ones by 25 to 20 and 3 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for April delivery was up 1.10% or 0.58 to $53.19 a barrel. Meanwhile, Brent oil for delivery in May rose 1.00% or 0.55 to hit $55.63 a barrel, while the April Gold Futures contract fell 0.64% or 7.95 to trade at $1224.95 a troy ounce.

EUR/MAD was up 0.13% to 10.6740, while USD/MAD fell 0.27% to 10.1177.

The US Dollar Index Futures was down 0.25% at 101.90.

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