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 Chemicals , Electrical & Electronic equipment and Insurance sectors propelled shares lower.

At the close in Casablanca, the Moroccan All Shares lost 0.95%.

The biggest gainers of the session on the Moroccan All Shares were Dari Couspate SA (CS: DRI ), which rose 6.00% or 138 points to trade at 2439 at the close. Realis. Mecaniques (CS: SRM ) added 5.97% or 20.50 points to end at 364.00 and Cartier Saada (CS: CRS ) was up 4.93% or 1.16 points to 24.68 in late trade.

Biggest losers included Wafa Assurance (CS: WASS ), which lost 6.12% or 300 points to trade at 4600 in late trade. CDM (CS: CDM ) declined 5.99% or 30 points to end at 473 and Timar (CS: TIM ) shed 5.98% or 12.70 points to 199.55.

Declining stocks outnumbered rising ones by 25 to 24 and 6 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for March delivery was down 0.37% or 0.20 to $53.16 a barrel. Meanwhile, Brent oil for delivery in April fell 0.14% or 0.08 to hit $55.57 a barrel, while the April Gold Futures contract fell 0.16% or 1.95 to trade at $1239.65 a troy ounce.

EUR/MAD was down 0.21% to 10.6990, while USD/MAD rose 0.35% to 10.0784.

The US Dollar Index Futures was up 0.44% at 100.89.

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