Investing.com – Morocco equities were lower at the close on Thursday, as losses in the Mining, Chemicals and Banking sectors propelled shares lower.
At the close in Casablanca, the Moroccan All Shares declined 0.02% to hit a new 52-week low.
The biggest gainers of the session on the Moroccan All Shares were M2M Group (CS:M2M), which rose 5.53% or 26.20 points to trade at 500.00 at the close. Stroc Industrie (CS:STR) added 3.93% or 1.08 points to end at 28.59 and Sonasid (CS:SOND) was up 3.33% or 17 points to 540 in late trade.
Biggest losers included Managem (CS:MNG), which lost 9.95% or 138 points to trade at 1249 in late trade. Agma Lahlou-Tazi (CS:AGMA) declined 5.47% or 168 points to end at 2901 and Snep (CS:SNP) shed 3.04% or 20.00 points to 638.00.
Advancing stocks outnumbered falling ones by 15 to 13 and 5 ended unchanged on the Casablanca Stock Exchange.
In commodities trading, Crude oil for August delivery was down 0.90% or 0.63 to $69.75 a barrel. Meanwhile, Brent oil for delivery in September rose 0.44% or 0.32 to hit $73.72 a barrel, while the August Gold Futures contract rose 0.21% or 2.60 to trade at $1247.00 a troy ounce.
EUR/MAD was up 0.03% to 11.0610, while USD/MAD fell 0.05% to 9.4668.
The US Dollar Index Futures was up 0.01% at 94.49.