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Morocco stocks lower at close of trade; Moroccan All Shares down 0.19%

Published 12/22/2017, 12:05 PM
Updated 12/22/2017, 12:05 PM
© Reuters.  Morocco stocks lower at close of trade; Moroccan All Shares down 0.19%

© Reuters. Morocco stocks lower at close of trade; Moroccan All Shares down 0.19%

Investing.com – Morocco stocks were lower after the close on Friday, as losses in the Hotels, Restaurants & Leisure, Distributors and Invest Companies & Other Finance sectors led shares lower.

At the close in Casablanca, the Moroccan All Shares lost 0.19% to hit a new 1-month low.

The best performers of the session on the Moroccan All Shares were Dari Couspate SA (CS:DRI), which rose 5.99% or 202 points to trade at 3572 at the close. Meanwhile, Sothema (CS:SOT) added 5.93% or 84 points to end at 1500 and CDM (CS:CDM) was up 5.47% or 29 points to 559 in late trade.

The worst performers of the session were Auto Hall (CS:AUTO), which fell 8.70% or 8.00 points to trade at 84.00 at the close. Fenie Brossette (CS:FBR) declined 6.69% or 11.50 points to end at 160.35 and Salafin (CS:SLF) was down 5.06% or 45 points to 845.

Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 25 to 23 and 8 ended unchanged.

Shares in Dari Couspate SA (CS:DRI) rose to all time highs; up 5.99% or 202 to 3572. Shares in Auto Hall (CS:AUTO) fell to 52-week lows; down 8.70% or 8.00 to 84.00.

Crude oil for February delivery was down 0.15% or 0.09 to $58.27 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February rose 0.20% or 0.13 to hit $65.03 a barrel, while the February Gold Futures contract rose 0.63% or 8.00 to trade at $1278.60 a troy ounce.

EUR/MAD was down 0.16% to 11.1640, while USD/MAD rose 0.07% to 9.4243.

The US Dollar Index Futures was up 0.15% at 92.98.

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