Morocco shares lower at close of trade; Moroccan All Shares down 0.51%

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Morocco shares lower at close of trade; Moroccan All Shares down 0.51%
Credit: © Reuters. – Morocco equities were lower at the close on Monday, as losses in the Hotels, Restaurants & Leisure , Banking and Distributors sectors propelled shares lower.

At the close in Casablanca, the Moroccan All Shares declined 0.51%.

The biggest gainers of the session on the Moroccan All Shares were Saham Assurance (CS: SAH ), which rose 4.46% or 76 points to trade at 1779 at the close. Ennakl Automobiles SA (CS: NKL ) added 3.96% or 1.90 points to end at 49.90 and Delta Holding S.A (CS: DHO ) was up 2.78% or 1.04 points to 38.50 in late trade.

Biggest losers included IB Maroc Com SA (CS: IBC ), which lost 8.35% or 8.80 points to trade at 96.55 in late trade. Maghreb Oxygene (CS: OXYG ) declined 4.76% or 7.60 points to end at 152.00 and Risma (CS: RIS ) shed 3.61% or 6.00 points to 160.00.

Declining stocks outnumbered rising ones by 26 to 13 and 3 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for April delivery was up 0.71% or 0.45 to $64.00 a barrel. Meanwhile, Brent oil for delivery in May rose 0.57% or 0.38 to hit $67.42 a barrel, while the April Gold Futures contract rose 0.14% or 1.80 to trade at $1332.10 a troy ounce.

EUR/MAD was up 0.03% to 11.3310, while USD/MAD rose 0.02% to 9.2165.

The US Dollar Index Futures was up 0.10% at 89.90.

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