Morocco shares lower at close of trade; Moroccan All Shares down 1.04%

Morocco shares lower at close of trade; Moroccan All Shares down 1.04%  | Oct 05, 2018 18:05

Morocco shares lower at close of trade; Moroccan All Shares down 1.04% – Morocco equities were lower at the close on Friday, as losses in the Construction & Building Materials, Food Producers & Processors and Distributors sectors propelled shares lower.

At the close in Casablanca, the Moroccan All Shares fell 1.04%.

The biggest gainers of the session on the Moroccan All Shares were Ennakl Automobiles SA (CS:NKL), which rose 9.82% or 3.39 points to trade at 37.90 at the close. S2M (CS:S2M) added 3.10% or 7.80 points to end at 259.80 and Stroc Industrie (CS:STR) was up 1.80% or 0.45 points to 25.45 in late trade.

Biggest losers included IB Maroc Com SA (CS:IBC), which lost 9.05% or 5.97 points to trade at 60.02 in late trade. Auto Hall (CS:AUTO) declined 8.42% or 6.99 points to end at 76.00 and Colorado (CS:COL) shed 8.22% or 6.00 points to 67.00.

Declining stocks outnumbered rising ones by 29 to 13 and 10 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for November delivery was up 0.63% or 0.47 to $74.80 a barrel. Meanwhile, Brent oil for delivery in December rose 0.18% or 0.15 to hit $84.73 a barrel, while the December Gold Futures contract rose 0.32% or 3.90 to trade at $1205.50 a troy ounce.

EUR/MAD was down 0.01% to 10.9090, while USD/MAD rose 0.01% to 9.4761.

The US Dollar Index Futures was down 0.05% at 95.38.

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