Morocco shares lower at close of trade; Moroccan All Shares down 0.49%

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Morocco shares lower at close of trade; Moroccan All Shares down 0.49%
Credit: © Reuters. – Morocco equities were lower at the close on Friday, as losses in the Construction & Building Materials , Insurance and Oil & Gas sectors propelled shares lower.

At the close in Casablanca, the Moroccan All Shares fell 0.49% 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 6.00% or 42 points to trade at 749 at the close. Colorado (CS: COL ) added 5.95% or 5.00 points to end at 89.00 and Sothema (CS: SOT ) was up 4.00% or 70 points to 1820 in late trade.

Biggest losers included AFMA SA (CS: AFM ), which lost 9.99% or 111 points to trade at 1000 in late trade. S2M (CS: S2M ) declined 8.47% or 23.60 points to end at 255.00 and SMI (CS: SMI ) shed 5.90% or 194 points to 3096.

Declining stocks outnumbered rising ones by 26 to 21 and 8 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for June delivery was down 0.31% or 0.22 to $71.27 a barrel. Meanwhile, Brent oil for delivery in July fell 0.29% or 0.23 to hit $79.07 a barrel, while the June Gold Futures contract rose 0.19% or 2.50 to trade at $1291.90 a troy ounce.

EUR/MAD was down 0.01% to 11.1270, while USD/MAD rose 0.14% to 9.4484.

The US Dollar Index Futures was up 0.11% at 93.49.

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