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Morocco shares lower at close of trade; Moroccan All Shares down 0.26%

Published 2018/12/21, 19:05
© Reuters.  Morocco shares lower at close of trade; Moroccan All Shares down 0.26%

Investing.com – Morocco equities were lower at the close on Friday, as losses in the Distributors, Hotels, Restaurants & Leisure and Real Estate sectors propelled shares lower.

At the close in Casablanca, the Moroccan All Shares lost 0.26%.

The biggest gainers of the session on the Moroccan All Shares were Wafa Assurance (CS:WASS), which rose 4.05% or 165 points to trade at 4240 at the close. Total Maroc SA (CS:TMA) added 3.88% or 40.0 points to end at 1070.0 and Sonasid (CS:SOND) was up 2.89% or 13 points to 465 in late trade.

Biggest losers included Stroc Industrie (CS:STR), which lost 7.55% or 2.00 points to trade at 24.50 in late trade. Ennakl Automobiles (CS:NKL) declined 7.41% or 2.80 points to end at 35.00 and Auto Hall (CS:AUTO) shed 6.00% or 4.50 points to 70.50.

Declining stocks outnumbered rising ones by 25 to 15 and 4 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for February delivery was up 0.07% or 0.03 to $45.91 a barrel. Meanwhile, Brent oil for delivery in February fell 0.64% or 0.35 to hit $54.00 a barrel, while the February Gold Futures contract fell 0.56% or 7.05 to trade at $1260.85 a troy ounce.

EUR/MAD was down 0.19% to 10.8750, while USD/MAD rose 0.25% to 9.5371.

The US Dollar Index Futures was up 0.51% at 96.213.

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