Morocco shares lower at close of trade; Moroccan All Shares down 0.12%

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Morocco shares lower at close of trade; Moroccan All Shares down 0.12%
Credit: © Reuters.

Investing.com – Morocco equities were lower at the close on Thursday, as losses in the Chemicals , Electrical & Electronic equipment and Oil & Gas sectors propelled shares lower.

At the close in Casablanca, the Moroccan All Shares lost 0.12%.

The biggest gainers of the session on the Moroccan All Shares were IB Maroc Com SA (CS: IBC ), which rose 5.44% or 4.64 points to trade at 89.89 at the close. Taslif (CS: TSF1 ) added 3.92% or 1.00 points to end at 26.50 and Stroc Industrie (CS: STR ) was up 3.81% or 1.74 points to 47.40 in late trade.

Biggest losers included Ennakl Automobiles SA (CS: NKL ), which lost 8.06% or 3.95 points to trade at 45.05 in late trade. Snep (CS: SNP ) declined 5.53% or 42.00 points to end at 717.00 and Nexans Maroc (CS: NEX ) shed 4.96% or 6.75 points to 129.25.

Declining stocks outnumbered rising ones by 23 to 17 and 6 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for May delivery was up 0.65% or 0.42 to $64.80 a barrel. Meanwhile, Brent oil for delivery in June rose 0.60% or 0.41 to hit $69.17 a barrel, while the April Gold Futures contract fell 0.16% or 2.10 to trade at $1322.10 a troy ounce.

EUR/MAD was down 0.07% to 11.3190, while USD/MAD rose 0.09% to 9.2110.

The US Dollar Index Futures was up 0.08% at 89.83.

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