Morocco shares lower at close of trade; Moroccan All Shares down 0.33%

Morocco shares lower at close of trade; Moroccan All Shares down 0.33%

Investing.com  | Nov 23, 2018 17:05

Morocco shares lower at close of trade; Moroccan All Shares down 0.33%

Investing.com – Morocco equities were lower at the close on Friday, as losses in the Real Estate, Insurance and Pharmaceutical Industry sectors propelled shares lower.

At the close in Casablanca, the Moroccan All Shares declined 0.33%.

The biggest gainers of the session on the Moroccan All Shares were Lydec (CS:LYD), which rose 4.10% or 20.50 points to trade at 520.50 at the close. Risma (CS:RIS) added 2.29% or 3.90 points to end at 173.90 and Disway SA (CS:DWY) was up 1.01% or 3.00 points to 300.00 in late trade.

Biggest losers included Ennakl Automobiles SA (CS:NKL), which lost 8.53% or 3.23 points to trade at 34.65 in late trade. Wafa Assurance (CS:WASS) declined 8.05% or 350 points to end at 4000 and Douja Prom Addoha (CS:ADH) shed 7.81% or 1.14 points to 13.45.

Declining stocks outnumbered rising ones by 18 to 11 and 7 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for January delivery was down 6.86% or 3.75 to $50.88 a barrel. Meanwhile, Brent oil for delivery in January fell 6.36% or 3.98 to hit $58.62 a barrel, while the December Gold Futures contract fell 0.40% or 4.90 to trade at $1223.10 a troy ounce.

EUR/MAD was down 0.29% to 10.7810, while USD/MAD rose 0.35% to 9.5146.

The US Dollar Index Futures was up 0.26% at 96.838.

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