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Morocco stocks lower at close of trade; Moroccan All Shares down 0.40%

Published 2015-12-10, 12:05 p/m
© Reuters.  Morocco stocks lower at close of trade; Moroccan All Shares down 0.40%

Investing.com – Morocco stocks were lower after the close on Thursday, as losses in the Hotels, Restaurants & Leisure, Chemicals and Insurance sectors led shares lower.

At the close in Casablanca, the Moroccan All Shares fell 0.40% to hit a new 52-week low.

The best performers of the session on the Moroccan All Shares were Alliances (CS:ADI), which rose 2.50% or 1 points to trade at 40 at the close. Meanwhile, Risma (CS:RIS) added 2.12% or 2.85 points to end at 136.85 and BCP (CS:BCP) was up 1.89% or 4.00 points to 215.00 in late trade.

The worst performers of the session were Sonasid (CS:SOND), which fell 6.12% or 35 points to trade at 535 at the close. BMCI (CS:BMCI) declined 6.00% or 35 points to end at 545 and Stokvis Nord Afrique (CS:SNA) was down 6.00% or 1.44 points to 22.56.

Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 26 to 9 and 7 ended unchanged.

Crude oil for January delivery was down 0.86% or 0.32 to $36.84 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January fell 1.06% or 0.42 to hit $39.69 a barrel, while the February Gold contract fell 0.32% or 3.40 to trade at $1073.10 a troy ounce.

EUR/MAD was down 0.30% to 10.7930, while USD/MAD rose 0.38% to 9.8639.

The US Dollar Index was up 0.54% at 97.86.

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