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Morocco shares lower at close of trade; Moroccan All Shares down 0.81%

Published 2018-09-06, 01:05 p/m
© Reuters.  Morocco shares lower at close of trade; Moroccan All Shares down 0.81%
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Investing.com – Morocco equities were lower at the close on Thursday, as losses in the Real Estate, Transport and Hotels, Restaurants & Leisure sectors propelled shares lower.

At the close in Casablanca, the Moroccan All Shares lost 0.81% to hit a new 52-week low.

The biggest gainers of the session on the Moroccan All Shares were Ennakl Automobiles SA (CS:NKL), which rose 9.77% or 3.44 points to trade at 38.65 at the close. Involys (CS:INV) added 8.77% or 9.65 points to end at 119.70 and Nexans Maroc (CS:NEX) was up 8.70% or 10.00 points to 125.00 in late trade.

Biggest losers included BMCI (CS:BMCI), which lost 6.86% or 53 points to trade at 720 in late trade. Alliances (CS:ADI) declined 5.17% or 5 points to end at 88 and Douja Prom Addoha (CS:ADH) shed 5.00% or 0.79 points to 15.00.

Declining stocks outnumbered rising ones by 24 to 13 and 4 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for October delivery was down 1.91% or 1.31 to $67.41 a barrel. Meanwhile, Brent oil for delivery in November fell 1.54% or 1.19 to hit $76.08 a barrel, while the December Gold Futures contract rose 0.25% or 3.00 to trade at $1204.30 a troy ounce.

EUR/MAD was down 0.06% to 10.9490, while USD/MAD rose 0.04% to 9.4228.

The US Dollar Index Futures was down 0.04% at 95.03.

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