Morocco shares lower at close of trade; Moroccan All Shares down 0.11%

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Morocco shares lower at close of trade; Moroccan All Shares down 0.11%
Credit: © Reuters. – Morocco equities were lower at the close on Monday, as losses in the Chemicals , Holding Companies and Pharmaceutical Industry sectors propelled shares lower.

At the close in Casablanca, the Moroccan All Shares declined 0.11%.

The biggest gainers of the session on the Moroccan All Shares were IB Maroc Com SA (CS: IBC ), which rose 5.97% or 6.90 points to trade at 122.35 at the close. Aluminum mar 1l (CS: ALU ) added 5.26% or 50 points to end at 1000 and Lydec (CS: LYD ) was up 5.04% or 23.00 points to 479.00 in late trade.

Biggest losers included Promopharm S.A. (CS: PRO ), which lost 5.94% or 76 points to trade at 1203 in late trade. Realis. Mecaniques (CS: SRM ) declined 5.66% or 14.40 points to end at 240.00 and Snep (CS: SNP ) shed 4.87% or 4.25 points to 83.00.

Declining stocks outnumbered rising ones by 19 to 13 and 8 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for September delivery was down 1.50% or 0.70 to $45.95 a barrel. Meanwhile, Brent oil for delivery in September fell 1.45% or 0.69 to hit $46.92 a barrel, while the August Gold contract rose 0.06% or 0.85 to trade at $1328.25 a troy ounce.

EUR/MAD was up 0.08% to 10.8540, while USD/MAD fell 0.24% to 9.8000.

The US Dollar Index was down 0.14% at 96.56.

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