Morocco shares lower at close of trade; Moroccan All Shares down 0.50%

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Morocco shares lower at close of trade; Moroccan All Shares down 0.50%
Credit: © Reuters.

Investing.com – Morocco equities were lower at the close on Friday, as losses in the Insurance , Utilities and Invest Companies & Other Finance sectors propelled shares lower.

At the close in Casablanca, the Moroccan All Shares fell 0.50%.

The biggest gainers of the session on the Moroccan All Shares were Disway SA (CS: DWY ), which rose 7.63% or 28.60 points to trade at 403.60 at the close. Aluminum mar 1l (CS: ALU ) added 5.92% or 77 points to end at 1378 and Dari Couspate SA (CS: DRI ) was up 5.81% or 183 points to 3333 in late trade.

Biggest losers included Saham Assurance (CS: SAH ), which lost 9.88% or 160 points to trade at 1460 in late trade. Timar (CS: TIM ) declined 9.72% or 22.50 points to end at 209.00 and Zellidja S.A (CS: ZELI ) shed 5.95% or 12.65 points to 200.00.

Declining stocks outnumbered rising ones by 34 to 21 and 7 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for November delivery was up 0.16% or 0.08 to $51.37 a barrel. Meanwhile, Brent oil for delivery in December rose 0.23% or 0.13 to hit $57.36 a barrel, while the December Gold Futures contract fell 0.56% or 7.23 to trade at $1282.77 a troy ounce.

EUR/MAD was down 0.24% to 11.1100, while USD/MAD rose 0.38% to 9.4300.

The US Dollar Index Futures was up 0.57% at 93.53.

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