Morocco shares lower at close of trade; Moroccan All Shares down 0.71%

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Morocco shares lower at close of trade; Moroccan All Shares down 0.71%
Credit: © Reuters. – Morocco equities were lower at the close on Thursday, as losses in the Forestry & Paper , Banking and Chemicals sectors propelled shares lower.

At the close in Casablanca, the Moroccan All Shares fell 0.71% to hit a new 3-month low.

The biggest gainers of the session on the Moroccan All Shares were Stroc Industrie (CS: STR ), which rose 9.26% or 2.88 points to trade at 33.98 at the close. Involys (CS: INV ) added 6.63% or 7.95 points to end at 127.95 and Cartier Saada (CS: CRS ) was up 6.50% or 1.50 points to 24.56 in late trade.

Biggest losers included Zellidja S.A (CS: ZELI ), which lost 5.99% or 5.86 points to trade at 91.91 in late trade. Agma Lahlou-Tazi (CS: AGMA ) declined 4.86% or 148 points to end at 2900 and Auto Hall (CS: AUTO ) shed 3.66% or 3.40 points to 89.60.

Advancing stocks outnumbered falling ones by 18 to 16 and 7 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for August delivery was down 0.08% or 0.05 to $65.66 a barrel. Meanwhile, Brent oil for delivery in August fell 1.54% or 1.15 to hit $73.59 a barrel, while the August Gold Futures contract fell 0.29% or 3.70 to trade at $1270.80 a troy ounce.

EUR/MAD was up 0.09% to 11.0650, while USD/MAD fell 0.15% to 9.5354.

The US Dollar Index Futures was down 0.27% at 94.52.

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