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Morocco shares lower at close of trade; Moroccan All Shares down 0.33%

Published 2018/02/20, 19:05
© Reuters.  Morocco shares lower at close of trade; Moroccan All Shares down 0.33%
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Investing.com – Morocco equities were lower at the close on Tuesday, as losses in the Transport, Food Producers & Processors and Real Estate sectors propelled shares lower.

At the close in Casablanca, the Moroccan All Shares lost 0.33%.

The biggest gainers of the session on the Moroccan All Shares were M2M Group (CS:M2M), which rose 5.33% or 25.00 points to trade at 494.00 at the close. Atlanta (CS:ATL) added 5.26% or 4.00 points to end at 80.00 and Auto Hall (CS:AUTO) was up 2.79% or 2.65 points to 97.75 in late trade.

Biggest losers included Maroc Leasing (CS:MLE), which lost 5.65% or 24.55 points to trade at 410.00 in late trade. Cosumar (CS:CSMR) declined 4.49% or 14 points to end at 287 and CTM (CS:CTM) shed 3.56% or 32.90 points to 890.00.

Declining stocks outnumbered rising ones by 25 to 17 and 9 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for April delivery was up 1.10% or 0.68 to $62.23 a barrel. Meanwhile, Brent oil for delivery in April fell 0.08% or 0.05 to hit $65.62 a barrel, while the April Gold Futures contract fell 1.73% or 23.40 to trade at $1332.80 a troy ounce.

EUR/MAD was down 0.20% to 11.3450, while USD/MAD rose 0.34% to 9.1933.

The US Dollar Index Futures was up 0.55% at 89.57.

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