Morocco shares lower at close of trade; Moroccan All Shares down 0.11%

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Morocco shares lower at close of trade; Moroccan All Shares down 0.11%
Credit: © Reuters. – Morocco equities were lower at the close on Thursday, as losses in the Holding Companies , Chemicals and Real Estate sectors propelled shares lower.

At the close in Casablanca, the Moroccan All Shares declined 0.11% to hit a new 52-week low.

The biggest gainers of the session on the Moroccan All Shares were M2M Group (CS: M2M ), which rose 9.99% or 42.95 points to trade at 472.95 at the close. Wafa Assurance (CS: WASS ) added 5.09% or 229 points to end at 4729 and Lydec (CS: LYD ) was up 4.72% or 26.90 points to 596.90 in late trade.

Biggest losers included Saham Assurance (CS: SAH ), which lost 9.94% or 169 points to trade at 1531 in late trade. Disway SA (CS: DWY ) declined 7.13% or 32.35 points to end at 421.05 and Delattre Levivier Maroc (CS: DLM ) shed 5.99% or 9.70 points to 152.30.

Declining stocks outnumbered rising ones by 18 to 14 and 9 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for August delivery was up 1.21% or 0.88 to $73.64 a barrel. Meanwhile, Brent oil for delivery in September rose 0.03% or 0.02 to hit $77.48 a barrel, while the August Gold Futures contract fell 0.33% or 4.20 to trade at $1251.90 a troy ounce.

EUR/MAD was up 0.07% to 11.0530, while USD/MAD fell 0.20% to 9.5382.

The US Dollar Index Futures was down 0.13% at 94.90.

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