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.

Investing.com – Morocco equities were lower at the close on Friday, as losses in the Electrical & Electronic equipment , Utilities and Software & Computer Services sectors propelled shares lower.

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

The biggest gainers of the session on the Moroccan All Shares were Zellidja S.A (CS: ZELI ), which rose 6.00% or 8.35 points to trade at 147.60 at the close. Jet Contractors (CS: JET ) added 4.23% or 15.00 points to end at 370.00 and S2M (CS: S2M ) was up 4.17% or 11.00 points to 275.00 in late trade.

Biggest losers included Hps (CS: HPS ), which lost 5.97% or 86.00 points to trade at 1355.00 in late trade. Nexans Maroc (CS: NEX ) declined 5.94% or 9.40 points to end at 148.90 and IB Maroc Com SA (CS: IBC ) shed 5.24% or 7.20 points to 130.10.

Declining stocks outnumbered rising ones by 32 to 14 and 9 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for November delivery was down 3.01% or 1.53 to $49.26 a barrel. Meanwhile, Brent oil for delivery in December fell 2.44% or 1.39 to hit $55.61 a barrel, while the December Gold Futures contract rose 0.27% or 3.42 to trade at $1276.62 a troy ounce.

EUR/MAD was up 0.09% to 11.0920, while USD/MAD rose 0.01% to 9.4693.

The US Dollar Index Futures was down 0.09% at 93.69.

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