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

Published 06/06/2016, 01:05 PM
Updated 06/06/2016, 01:05 PM
© Reuters.  Morocco stocks lower at close of trade; Moroccan All Shares down 0.33%

Investing.com – Morocco stocks were lower after the close on Monday, as losses in the Mining, Invest Companies & Other Finance and Real Estate sectors led shares lower.

At the close in Casablanca, the Moroccan All Shares lost 0.33%.

The best performers of the session on the Moroccan All Shares were CDM (CS:CDM), which rose 6.00% or 26 points to trade at 466 at the close. Meanwhile, Dari Couspate SA (CS:DRI) added 5.97% or 92 points to end at 1632 and Disway SA (CS:DWY) was up 3.37% or 8.95 points to 274.00 in late trade.

The worst performers of the session were Managem (CS:MNG), which fell 5.90% or 50 points to trade at 793 at the close. Residences Dar Saada SA (CS:RDS) declined 3.59% or 6.65 points to end at 178.35 and S2M (CS:S2M) was down 3.55% or 8.00 points to 217.00.

Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 20 to 12 and 4 ended unchanged.

Shares in Dari Couspate SA (CS:DRI) rose to all time highs; up 5.97% or 92 to 1632.

Crude oil for July delivery was up 1.44% or 0.70 to $49.32 a barrel. Elsewhere in commodities trading, Brent oil for delivery in August rose 1.17% or 0.58 to hit $50.22 a barrel, while the August Gold contract rose 0.48% or 5.95 to trade at $1248.85 a troy ounce.

EUR/MAD was up 0.15% to 10.9800, while USD/MAD fell 0.12% to 9.6342.

The US Dollar Index was down 0.16% at 93.75.

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