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Morocco stocks lower at close of trade; Moroccan All Shares down 0.51%

Published 10/06/2017, 01:05 PM
Updated 10/06/2017, 01:05 PM
© Reuters.  Morocco stocks lower at close of trade; Moroccan All Shares down 0.51%

© Reuters. Morocco stocks lower at close of trade; Moroccan All Shares down 0.51%

Investing.com – Morocco stocks were lower after the close on Friday, as losses in the Electrical & Electronic equipment, Utilities and Software & Computer Services sectors led shares lower.

At the close in Casablanca, the Moroccan All Shares fell 0.51%.

The best performers of the session on the Moroccan All Shares were Zellidja S.A (CS:ZELI), which rose 6.00% or 8.35 points to trade at 147.60 at the close. Meanwhile, Jet Contractors (CS:JET) added 4.23% or 15.00 points to end at 370.00 and S2M (CS:S2M) was up 4.17% or 11.00 points to 275.00 in late trade.

The worst performers of the session were Hps (CS:HPS), which fell 5.97% or 86.00 points to trade at 1355.00 at the close. Nexans Maroc (CS:NEX) declined 5.94% or 9.40 points to end at 148.90 and IB Maroc Com SA (CS:IBC) was down 5.24% or 7.20 points to 130.10.

Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 32 to 14 and 9 ended unchanged.

Shares in Jet Contractors (CS:JET) rose to all time highs; rising 4.23% or 15.00 to 370.00.

Crude oil for November delivery was down 3.01% or 1.53 to $49.26 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December fell 2.44% or 1.39 to hit $55.61 a barrel, while the December Gold Futures contract rose 0.26% or 3.37 to trade at $1276.57 a troy ounce.

EUR/MAD was up 0.09% to 11.0920, while USD/MAD fell 0.11% to 9.4575.

The US Dollar Index Futures was down 0.09% at 93.69.

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