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Morocco shares lower at close of trade; Moroccan All Shares down 0.09%

Published 2018-10-15, 01:05 p/m
© Reuters.  Morocco shares lower at close of trade; Moroccan All Shares down 0.09%
NEXS
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MASI
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CDM
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M2M
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Investing.com – Morocco equities were lower at the close on Monday, as losses in the Hotels, Restaurants & Leisure, Mining and Food Producers & Processors sectors propelled shares lower.

At the close in Casablanca, the Moroccan All Shares fell 0.09%.

The biggest gainers of the session on the Moroccan All Shares were Nexans Maroc (CS:NEX), which rose 7.72% or 10.50 points to trade at 146.50 at the close. Zellidja S.A (CS:ZELI) added 5.93% or 8.00 points to end at 142.95 and Jet Contractors (CS:JET) was up 2.63% or 8.40 points to 328.40 in late trade.

Biggest losers included CDM (CS:CDM), which lost 5.70% or 34 points to trade at 563 in late trade. M2M Group (CS:M2M) declined 3.91% or 19.00 points to end at 467.00 and Disway SA (CS:DWY) shed 3.73% or 13.90 points to 359.00.

Declining stocks outnumbered rising ones by 14 to 11 and 6 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for November delivery was up 0.11% or 0.08 to $71.42 a barrel. Meanwhile, Brent oil for delivery in December fell 0.01% or 0.01 to hit $80.42 a barrel, while the December Gold Futures contract rose 0.67% or 8.20 to trade at $1230.20 a troy ounce.

EUR/MAD was up 0.16% to 10.9380, while USD/MAD fell 0.16% to 9.4324.

The US Dollar Index Futures was down 0.23% at 94.72.

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