Morocco shares lower at close of trade; Moroccan All Shares down 0.20%

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Morocco shares lower at close of trade; Moroccan All Shares down 0.20%
Credit: © Reuters. – Morocco equities were lower at the close on Friday, as losses in the Utilities , Insurance and Hotels, Restaurants & Leisure sectors propelled shares lower.

At the close in Casablanca, the Moroccan All Shares fell 0.20%.

The biggest gainers of the session on the Moroccan All Shares were Cartier Saada (CS: CRS ), which rose 9.75% or 3.41 points to trade at 38.40 at the close. Fenie Brossette (CS: FBR ) added 9.08% or 7.28 points to end at 87.48 and Snep (CS: SNP ) was up 5.81% or 25.25 points to 460.00 in late trade.

Biggest losers included SMI (CS: SMI ), which lost 9.35% or 145 points to trade at 1405 in late trade. Wafa Assurance (CS: WASS ) declined 7.49% or 308 points to end at 3802 and Lydec (CS: LYD ) shed 7.37% or 35.00 points to 440.00.

Declining stocks outnumbered rising ones by 27 to 22 and 6 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for March delivery was up 0.85% or 0.45 to $53.58 a barrel. Meanwhile, Brent oil for delivery in March rose 0.57% or 0.35 to hit $61.44 a barrel, while the February Gold Futures contract rose 1.32% or 16.95 to trade at $1296.75 a troy ounce.

EUR/MAD was up 0.34% to 10.8892, while USD/MAD fell 0.51% to 9.5506.

The US Dollar Index Futures was down 0.75% at 95.572.

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