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Morocco stocks lower at close of trade; Moroccan All Shares down 0.27%

Published 09/14/2017, 01:05 PM
Updated 09/14/2017, 01:05 PM
© Reuters.  Morocco stocks lower at close of trade; Moroccan All Shares down 0.27%

Investing.com – Morocco stocks were lower after the close on Thursday, as losses in the Utilities, Pharmaceutical Industry and Construction & Building Materials sectors led shares lower.

At the close in Casablanca, the Moroccan All Shares fell 0.27%.

The best performers of the session on the Moroccan All Shares were Brasseries Du Maroc (CS:SBM), which rose 5.96% or 149 points to trade at 2649 at the close. Meanwhile, SMI (CS:SMI) added 5.71% or 200 points to end at 3700 and CDM (CS:CDM) was up 5.11% or 26 points to 535 in late trade.

The worst performers of the session were Promopharm S.A. (CS:PRO), which fell 5.98% or 101 points to trade at 1589 at the close. Lesieur Cristal (CS:LESU) declined 4.71% or 8.00 points to end at 162.00 and Ennakl Automobiles SA (CS:NKL) was down 4.43% or 2.48 points to 53.50.

Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 26 to 23 and 3 ended unchanged.

Shares in Brasseries Du Maroc (CS:SBM) rose to 5-year highs; up 5.96% or 149 to 2649. Shares in SMI (CS:SMI) rose to 3-years highs; gaining 5.71% or 200 to 3700.

Crude oil for October delivery was up 1.18% or 0.58 to $49.88 a barrel. Elsewhere in commodities trading, Brent oil for delivery in November rose 0.53% or 0.29 to hit $55.45 a barrel, while the December Gold Futures contract rose 0.13% or 1.67 to trade at $1329.67 a troy ounce.

EUR/MAD was down 0.01% to 11.1410, while USD/MAD fell 0.01% to 9.3740.

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The US Dollar Index Futures was down 0.12% at 92.28.

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