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Morocco stocks lower at close of trade; Moroccan All Shares down 0.12%

Published 06/09/2016, 01:05 PM
Updated 06/09/2016, 01:05 PM
© Reuters.  Morocco stocks lower at close of trade; Moroccan All Shares down 0.12%

© Reuters. Morocco stocks lower at close of trade; Moroccan All Shares down 0.12%

Investing.com – Morocco stocks were lower after the close on Thursday, as losses in the Mining, Banking and Chemicals sectors led shares lower.

At the close in Casablanca, the Moroccan All Shares lost 0.12%.

The best performers of the session on the Moroccan All Shares were Salafin (CS:SLF), which rose 5.97% or 42 points to trade at 754 at the close. Meanwhile, Med Paper (CS:PAP) added 5.97% or 0.92 points to end at 16.32 and Afriquia Gaz (CS:AGAZ1) was up 5.06% or 103 points to 2135 in late trade.

The worst performers of the session were Stokvis Nord Afrique (CS:SNA), which fell 5.53% or 1.41 points to trade at 24.06 at the close. Agma Lahlou-Tazi (CS:AGMA) declined 5.52% or 127 points to end at 2173 and Atlanta (CS:ATL) was down 4.86% or 2.36 points to 46.12.

Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 19 to 16 and 7 ended unchanged.

Shares in Agma Lahlou-Tazi (CS:AGMA) fell to 52-week lows; losing 5.52% or 127 to 2173.

Crude oil for July delivery was down 1.52% or 0.78 to $50.45 a barrel. Elsewhere in commodities trading, Brent oil for delivery in August fell 1.20% or 0.63 to hit $51.88 a barrel, while the August Gold contract rose 0.79% or 9.95 to trade at $1272.25 a troy ounce.

EUR/MAD was down 0.26% to 10.9460, while USD/MAD rose 0.41% to 9.6715.

The US Dollar Index was up 0.45% at 94.01.

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