Morocco shares lower at close of trade; Moroccan All Shares down 0.58%

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Morocco shares lower at close of trade; Moroccan All Shares down 0.58%
Credit: © Reuters. – Morocco equities were lower at the close on Friday, as losses in the Utilities , Holding Companies and Chemicals sectors propelled shares lower.

At the close in Casablanca, the Moroccan All Shares declined 0.58%.

The biggest gainers of the session on the Moroccan All Shares were BMCI (CS: BMCI ), which rose 8.93% or 59 points to trade at 720 at the close. M2M Group (CS: M2M ) added 6.72% or 31.50 points to end at 500.00 and Alliances (CS: ADI ) was up 6.25% or 5 points to 85 in late trade.

Biggest losers included Total Maroc SA (CS: TMA ), which lost 9.59% or 105.0 points to trade at 990.0 in late trade. Disway SA (CS: DWY ) declined 8.94% or 27.00 points to end at 275.00 and Bmce Bank (CS: BMCE ) shed 8.01% or 14.50 points to 166.50.

Declining stocks outnumbered rising ones by 37 to 18 and 4 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for February delivery was up 1.26% or 0.56 to $45.17 a barrel. Meanwhile, Brent oil for delivery in March rose 0.46% or 0.24 to hit $52.97 a barrel, while the February Gold Futures contract rose 0.06% or 0.80 to trade at $1281.90 a troy ounce.

EUR/MAD was up 0.20% to 10.9250, while USD/MAD rose 0.11% to 9.5462.

The US Dollar Index Futures was down 0.10% at 95.905.

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