Morocco shares lower at close of trade; Moroccan All Shares down 0.30%

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Morocco shares lower at close of trade; Moroccan All Shares down 0.30%
Credit: © Reuters. – Morocco equities were lower at the close on Thursday, as losses in the Electrical & Electronic equipment , Real Estate and Construction & Building Materials sectors propelled shares lower.

At the close in Casablanca, the Moroccan All Shares fell 0.30% to hit a new 3-month low.

The biggest gainers of the session on the Moroccan All Shares were Centrale Danone (CS: CDA ), which rose 5.87% or 44 points to trade at 793 at the close. Wafa Assurance (CS: WASS ) added 4.49% or 210 points to end at 4890 and Micro Data SA (CS: MIC ) was up 2.62% or 7.35 points to 287.95 in late trade.

Biggest losers included AFMA SA (CS: AFM ), which lost 9.44% or 99 points to trade at 950 in late trade. IB Maroc Com SA (CS: IBC ) declined 7.30% or 5.83 points to end at 74.00 and CDM (CS: CDM ) shed 5.98% or 34 points to 531.

Declining stocks outnumbered rising ones by 24 to 15 and 5 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for July delivery was down 0.95% or 0.68 to $71.16 a barrel. Meanwhile, Brent oil for delivery in July fell 0.71% or 0.57 to hit $79.23 a barrel, while the June Gold Futures contract rose 1.12% or 14.50 to trade at $1304.10 a troy ounce.

EUR/MAD was up 0.12% to 11.1080, while USD/MAD fell 0.16% to 9.4708.

The US Dollar Index Futures was down 0.29% at 93.64.

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