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Morocco stocks lower at close of trade; Moroccan All Shares down 1.05%

Published 12/06/2017, 12:05 PM
Updated 12/06/2017, 12:05 PM
© Reuters.  Morocco stocks lower at close of trade; Moroccan All Shares down 1.05%

© Reuters. Morocco stocks lower at close of trade; Moroccan All Shares down 1.05%

Investing.com – Morocco stocks were lower after the close on Wednesday, as losses in the Real Estate, Chemicals and Software & Computer Services sectors led shares lower.

At the close in Casablanca, the Moroccan All Shares declined 1.05% to hit a new 1-month low.

The best performers of the session on the Moroccan All Shares were Agma Lahlou-Tazi (CS:AGMA), which rose 3.25% or 96 points to trade at 3050 at the close. Meanwhile, Total Maroc SA (CS:TMA) added 2.05% or 37.0 points to end at 1839.0 and Micro Data SA (CS:MIC) was up 2.02% or 4.95 points to 249.95 in late trade.

The worst performers of the session were Sonasid (CS:SOND), which fell 7.88% or 59 points to trade at 690 at the close. Residences Dar Saada SA (CS:RDS) declined 7.50% or 12.00 points to end at 148.00 and Zellidja S.A (CS:ZELI) was down 5.99% or 9.70 points to 152.30.

Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 32 to 9 and 6 ended unchanged.

Shares in Residences Dar Saada SA (CS:RDS) fell to 52-week lows; down 7.50% or 12.00 to 148.00.

Crude oil for January delivery was down 2.46% or 1.42 to $56.20 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February fell 2.12% or 1.33 to hit $61.53 a barrel, while the February Gold Futures contract rose 0.13% or 1.70 to trade at $1266.60 a troy ounce.

EUR/MAD was down 0.17% to 11.1460, while USD/MAD rose 0.21% to 9.4506.

The US Dollar Index Futures was up 0.34% at 93.59.

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