Morocco shares lower at close of trade; Moroccan All Shares down 0.62%

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Morocco shares lower at close of trade; Moroccan All Shares down 0.62%
Credit: © Reuters. – Morocco equities were lower at the close on Friday, as losses in the Utilities , Oil & Gas and Software & Computer Services sectors propelled shares lower.

At the close in Casablanca, the Moroccan All Shares declined 0.62%.

The biggest gainers of the session on the Moroccan All Shares were Sonasid (CS: SOND ), which rose 9.98% or 46 points to trade at 506 at the close. Risma (CS: RIS ) added 7.90% or 9.15 points to end at 125.00 and Agma Lahlou-Tazi (CS: AGMA ) was up 3.21% or 84 points to 2700 in late trade.

Biggest losers included Timar (CS: TIM ), which lost 9.99% or 28.95 points to trade at 260.95 in late trade. Afriquia Gaz (CS: AGAZ1 ) declined 5.97% or 176 points to end at 2774 and BMCI (CS: BMCI ) shed 5.97% or 40 points to 630.

Declining stocks outnumbered rising ones by 38 to 15 and 5 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for September delivery was down 2.24% or 1.05 to $45.87 a barrel. Meanwhile, Brent oil for delivery in September fell 2.15% or 1.06 to hit $48.24 a barrel, while the August Gold Futures contract rose 0.61% or 7.65 to trade at $1253.15 a troy ounce.

EUR/MAD was up 0.14% to 11.1090, while USD/MAD fell 0.10% to 9.5270.

The US Dollar Index Futures was down 0.34% at 93.76.

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