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Morocco shares lower at close of trade; Moroccan All Shares down 0.08%

Published 2017/05/23, 19:05
© Reuters.  Morocco shares lower at close of trade; Moroccan All Shares down 0.08%
MASI
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ALM
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DLM
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LBV
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MLE
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PRO
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SLF
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TCOM
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SAC
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DISTR
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Investing.com – Morocco equities were lower at the close on Tuesday, as losses in the Distributors, Telecoms and Utilities sectors propelled shares lower.

At the close in Casablanca, the Moroccan All Shares fell 0.08%.

The biggest gainers of the session on the Moroccan All Shares were Promopharm S.A. (CS:PRO), which rose 5.98% or 76 points to trade at 1347 at the close. Maroc Leasing (CS:MLE) added 5.95% or 22.00 points to end at 392.00 and Salafin (CS:SLF) was up 4.22% or 36 points to 890 in late trade.

Biggest losers included Delattre Levivier Maroc (CS:DLM), which lost 4.14% or 7.90 points to trade at 183.10 in late trade. Label Vie (CS:LBV) declined 4.11% or 60 points to end at 1400 and Aluminum mar 1l (CS:ALU) shed 3.70% or 50 points to 1300.

Declining stocks outnumbered rising ones by 23 to 17 and 2 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for July delivery was up 0.25% or 0.13 to $51.26 a barrel. Meanwhile, Brent oil for delivery in July rose 0.19% or 0.10 to hit $53.97 a barrel, while the June Gold Futures contract fell 0.65% or 8.19 to trade at $1253.21 a troy ounce.

EUR/MAD was down 0.16% to 10.9270, while USD/MAD rose 0.23% to 9.7612.

The US Dollar Index Futures was up 0.33% at 97.20.

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