Morocco shares lower at close of trade; Moroccan All Shares down 0.95%

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Morocco shares lower at close of trade; Moroccan All Shares down 0.95%
Credit: © Reuters. – Morocco equities were lower at the close on Friday, as losses in the Mining , Holding Companies and Utilities sectors propelled shares lower.

At the close in Casablanca, the Moroccan All Shares lost 0.95% to hit a new 52-week low.

The biggest gainers of the session on the Moroccan All Shares were Delattre Levivier Maroc (CS: DLM ), which rose 5.99% or 9.10 points to trade at 161.10 at the close. Brasseries Du Maroc (CS: SBM ) added 2.99% or 81 points to end at 2791 and Snep (CS: SNP ) was up 2.82% or 18.00 points to 656.00 in late trade.

Biggest losers included SMI (CS: SMI ), which lost 5.98% or 174 points to trade at 2736 in late trade. Sonasid (CS: SOND ) declined 4.98% or 27 points to end at 513 and Eqdom (CS: EQDM ) shed 4.82% or 53 points to 1047.

Declining stocks outnumbered rising ones by 28 to 9 and 6 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for August delivery was up 1.11% or 0.78 to $71.11 a barrel. Meanwhile, Brent oil for delivery in September rose 1.30% or 0.97 to hit $75.42 a barrel, while the August Gold Futures contract fell 0.34% or 4.20 to trade at $1242.40 a troy ounce.

EUR/MAD was down 0.01% to 11.0580, while USD/MAD fell 0.01% to 9.4753.

The US Dollar Index Futures was unchanged 0.00% at 94.57.

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