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Morocco shares lower at close of trade; Moroccan All Shares down 0.10%

Published 2017-08-17, 01:05 p/m
© Reuters.  Morocco shares lower at close of trade; Moroccan All Shares down 0.10%
NEXS
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MASI
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IBC
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SNP
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Investing.com – Morocco equities were lower at the close on Thursday, as losses in the Chemicals, Distributors and Food Producers & Processors sectors propelled shares lower.

At the close in Casablanca, the Moroccan All Shares fell 0.10%.

The biggest gainers of the session on the Moroccan All Shares were IB Maroc Com SA (CS:IBC), which rose 10.00% or 12.50 points to trade at 137.55 at the close. Jet Contractors (CS:JET) added 9.98% or 22.90 points to end at 252.40 and Nexans Maroc (CS:NEX) was up 5.99% or 10.15 points to 179.70 in late trade.

Biggest losers included Stroc Industrie (CS:STR), which lost 4.44% or 2.40 points to trade at 51.60 in late trade. Snep (CS:SNP) declined 3.97% or 24.00 points to end at 581.00 and Auto Hall (CS:AUTO) shed 2.91% or 3.20 points to 106.60.

Declining stocks outnumbered rising ones by 20 to 19 and 9 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for September delivery was up 0.21% or 0.10 to $46.88 a barrel. Meanwhile, Brent oil for delivery in October rose 0.84% or 0.42 to hit $50.69 a barrel, while the December Gold Futures contract rose 0.80% or 10.22 to trade at $1293.12 a troy ounce.

EUR/MAD was up 0.10% to 11.1340, while USD/MAD rose 0.42% to 9.4791.

The US Dollar Index Futures was up 0.12% at 93.52.

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