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

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Morocco shares lower at close of trade; Moroccan All Shares down 0.33%
Credit: © Reuters.

Investing.com – Morocco equities were lower at the close on Friday, as losses in the Real Estate , Insurance and Pharmaceutical Industry sectors propelled shares lower.

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

The biggest gainers of the session on the Moroccan All Shares were Lydec (CS: LYD ), which rose 4.10% or 20.50 points to trade at 520.50 at the close. Risma (CS: RIS ) added 2.29% or 3.90 points to end at 173.90 and Disway SA (CS: DWY ) was up 1.01% or 3.00 points to 300.00 in late trade.

Biggest losers included Ennakl Automobiles SA (CS: NKL ), which lost 8.53% or 3.23 points to trade at 34.65 in late trade. Wafa Assurance (CS: WASS ) declined 8.05% or 350 points to end at 4000 and Douja Prom Addoha (CS: ADH ) shed 7.81% or 1.14 points to 13.45.

Declining stocks outnumbered rising ones by 18 to 11 and 7 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for January delivery was down 6.86% or 3.75 to $50.88 a barrel. Meanwhile, Brent oil for delivery in January fell 6.36% or 3.98 to hit $58.62 a barrel, while the December Gold Futures contract fell 0.40% or 4.90 to trade at $1223.10 a troy ounce.

EUR/MAD was down 0.29% to 10.7810, while USD/MAD rose 0.35% to 9.5146.

The US Dollar Index Futures was up 0.26% at 96.838.

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