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Morocco shares lower at close of trade; Moroccan All Shares down 0.31%

Published 2018/04/05, 19:05
© Reuters.  Morocco shares lower at close of trade; Moroccan All Shares down 0.31%

Investing.com – Morocco equities were lower at the close on Thursday, as losses in the Invest Companies & Other Finance, Food Producers & Processors and Banking sectors propelled shares lower.

At the close in Casablanca, the Moroccan All Shares lost 0.31%.

The biggest gainers of the session on the Moroccan All Shares were Alliances (CS:ADI), which rose 9.97% or 15 points to trade at 170 at the close. Risma (CS:RIS) added 9.62% or 13.95 points to end at 159.00 and Cartier Saada (CS:CRS) was up 6.52% or 1.50 points to 24.50 in late trade.

Biggest losers included Salafin (CS:SLF), which lost 5.66% or 60 points to trade at 1000 in late trade. IB Maroc Com SA (CS:IBC) declined 3.85% or 3.20 points to end at 80.00 and Bmce Bank (CS:BMCE) shed 3.51% or 8.00 points to 220.00.

Advancing stocks outnumbered falling ones by 22 to 18 and 6 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for May delivery was up 0.52% or 0.33 to $63.70 a barrel. Meanwhile, Brent oil for delivery in June rose 0.63% or 0.43 to hit $68.45 a barrel, while the June Gold Futures contract fell 0.81% or 10.90 to trade at $1329.30 a troy ounce.

EUR/MAD was down 0.15% to 11.3060, while USD/MAD rose 0.19% to 9.2386.

The US Dollar Index Futures was up 0.43% at 90.17.

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