Morocco shares lower at close of trade; Moroccan All Shares down 0.23%

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Morocco shares lower at close of trade; Moroccan All Shares down 0.23%
Credit: © Reuters. – Morocco equities were lower at the close on Thursday, as losses in the Mining , Construction & Building Materials and Telecoms sectors propelled shares lower.

At the close in Casablanca, the Moroccan All Shares declined 0.23%.

The biggest gainers of the session on the Moroccan All Shares were M2M Group (CS: M2M ), which rose 10.00% or 33.70 points to trade at 370.80 at the close. Alliances (CS: ADI ) added 3.67% or 9 points to end at 254 and Timar (CS: TIM ) was up 2.89% or 6.50 points to 231.50 in late trade.

Biggest losers included IB Maroc Com SA (CS: IBC ), which lost 6.47% or 9.00 points to trade at 130.00 in late trade. Stroc Industrie (CS: STR ) declined 6.14% or 3.40 points to end at 52.00 and SMI (CS: SMI ) shed 5.98% or 213 points to 3347.

Declining stocks outnumbered rising ones by 23 to 20 and 1 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for November delivery was down 1.19% or 0.62 to $51.42 a barrel. Meanwhile, Brent oil for delivery in December fell 1.51% or 0.88 to hit $57.27 a barrel, while the December Gold Futures contract rose 0.49% or 6.30 to trade at $1289.30 a troy ounce.

EUR/MAD was up 0.14% to 11.1280, while USD/MAD fell 0.43% to 9.3942.

The US Dollar Index Futures was down 0.21% at 93.10.

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