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Morocco stocks lower at close of trade; Moroccan All Shares down 0.01%

Published 12/27/2018, 12:05 PM
Updated 12/27/2018, 12:05 PM
© Reuters.  Morocco stocks lower at close of trade; Moroccan All Shares down 0.01%

© Reuters. Morocco stocks lower at close of trade; Moroccan All Shares down 0.01%

Investing.com – Morocco stocks were lower after the close on Thursday, as losses in the Invest Companies & Other Finance, Construction & Building Materials and Chemicals sectors led shares lower.

At the close in Casablanca, the Moroccan All Shares fell 0.01%.

The best performers of the session on the Moroccan All Shares were Lesieur Cristal (CS:LESU), which rose 7.97% or 10.70 points to trade at 145.00 at the close. Meanwhile, Cartier Saada (CS:CRS) added 7.14% or 2.00 points to end at 30.00 and Douja Prom Addoha (CS:ADH) was up 6.04% or 0.90 points to 15.80 in late trade.

The worst performers of the session were BMCI (CS:BMCI), which fell 6.36% or 45 points to trade at 661 at the close. Residences Dar Saada SA (CS:RDS) declined 6.12% or 6.00 points to end at 92.00 and Miniere Touissit (CS:CMT) was down 4.48% or 60 points to 1280.

Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 22 to 16 and 9 ended unchanged.

Shares in Cartier Saada (CS:CRS) rose to all time highs; up 7.14% or 2.00 to 30.00. Shares in Miniere Touissit (CS:CMT) fell to 52-week lows; falling 4.48% or 60 to 1280.

Crude oil for February delivery was down 3.65% or 1.70 to $44.91 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March fell 3.69% or 2.04 to hit $53.25 a barrel, while the February Gold Futures contract rose 0.72% or 9.20 to trade at $1278.95 a troy ounce.

EUR/MAD was up 0.11% to 10.8950, while USD/MAD fell 0.22% to 9.5490.

The US Dollar Index Futures was down 0.43% at 96.167.

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