Morocco shares lower at close of trade; Moroccan All Shares down 0.33%

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Morocco shares lower at close of trade; Moroccan All Shares down 0.33%
Credit: © Reuters. – Morocco equities were lower at the close on Thursday, as losses in the Food Producers & Processors , Transport and Banking sectors propelled shares lower.

At the close in Casablanca, the Moroccan All Shares fell 0.33% to hit a new 3-month low.

The biggest gainers of the session on the Moroccan All Shares were Auto Hall (CS: AUTO ), which rose 6.20% or 6.65 points to trade at 113.90 at the close. M2M Group (CS: M2M ) added 3.68% or 11.00 points to end at 310.00 and Afric Industries Sa (CS: AFIND ) was up 3.66% or 10.95 points to 309.95 in late trade.

Biggest losers included Aluminum mar 1l (CS: ALU ), which lost 3.84% or 48 points to trade at 1202 in late trade. Alliances (CS: ADI ) declined 2.88% or 5 points to end at 155 and Timar (CS: TIM ) shed 2.82% or 5.80 points to 200.00.

Declining stocks outnumbered rising ones by 21 to 13 and 8 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for May delivery was up 1.08% or 0.55 to $51.70 a barrel. Meanwhile, Brent oil for delivery in June rose 1.01% or 0.55 to hit $54.91 a barrel, while the June Gold Futures contract rose 0.47% or 5.85 to trade at $1254.35 a troy ounce.

EUR/MAD was down 0.08% to 10.7150, while USD/MAD rose 0.08% to 10.0595.

The US Dollar Index Futures was up 0.10% at 100.56.

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