Investing.com – Morocco stocks were lower after the close on Thursday, as losses in the Real Estate, Pharmaceutical Industry and Oil & Gas sectors led shares lower.
At the close in Casablanca, the Moroccan All Shares fell 0.44% to hit a new 1-month low.
The best performers of the session on the Moroccan All Shares were Med Paper (CS:PAP), which rose 9.98% or 1.69 points to trade at 18.61 at the close. Meanwhile, Aluminum du Maroc SA (CS:ALU) added 5.86% or 57 points to end at 1029 and Risma (CS:RIS) was up 4.40% or 4.80 points to 113.80 in late trade.
The worst performers of the session were Centrale Danone (CS:CDA), which fell 6.00% or 56 points to trade at 884 at the close. Involys (CS:INV) declined 4.50% or 5.50 points to end at 116.70 and Managem (CS:MNG) was down 4.17% or 33 points to 755.
Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 18 to 15 and 8 ended unchanged.
Shares in Centrale Danone (CS:CDA) fell to 5-year lows; falling 6.00% or 56 to 884.
Crude oil for July delivery was down 2.69% or 1.29 to $46.72 a barrel. Elsewhere in commodities trading, Brent oil for delivery in August fell 2.55% or 1.25 to hit $47.72 a barrel, while the August Gold contract rose 1.02% or 13.20 to trade at $1301.50 a troy ounce.
EUR/MAD was up 0.03% to 10.9260, while USD/MAD rose 0.42% to 9.7390.
The US Dollar Index was up 0.20% at 94.86.