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Morocco shares lower at close of trade; Moroccan All Shares down 0.05%

Published 2018-09-12, 01:05 p/m
© Reuters.  Morocco shares lower at close of trade; Moroccan All Shares down 0.05%
MASI
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ATL
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DHO
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HPS
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MDP
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SNA
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JET
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BMC
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ASSUR
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PG
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Investing.com – Morocco equities were lower at the close on Wednesday, as losses in the Construction & Building Materials, Insurance and Oil & Gas sectors propelled shares lower.

At the close in Casablanca, the Moroccan All Shares fell 0.05%.

The biggest gainers of the session on the Moroccan All Shares were Delta Holding S.A (CS:DHO), which rose 9.31% or 2.85 points to trade at 33.45 at the close. Med Paper (CS:PAP) added 7.35% or 1.47 points to end at 21.47 and Hps (CS:HPS) was up 7.10% or 130.00 points to 1960.00 in late trade.

Biggest losers included Stokvis Nord Afrique (CS:SNA), which lost 8.97% or 1.39 points to trade at 14.10 in late trade. Jet Contractors (CS:JET) declined 4.29% or 15.00 points to end at 335.00 and Atlanta (CS:ATL) shed 3.99% or 2.70 points to 65.00.

Advancing stocks outnumbered falling ones by 16 to 14 and 8 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for October delivery was up 2.08% or 1.44 to $70.69 a barrel. Meanwhile, Brent oil for delivery in November rose 0.91% or 0.72 to hit $79.78 a barrel, while the December Gold Futures contract rose 0.72% or 8.70 to trade at $1210.90 a troy ounce.

EUR/MAD was up 0.05% to 10.9510, while USD/MAD fell 0.20% to 9.4134.

The US Dollar Index Futures was down 0.29% at 94.77.

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