Morocco stocks lower at close of trade; Moroccan All Shares down 0.43%

Morocco stocks lower at close of trade; Moroccan All Shares down 0.43%

Sep 14, 2018

Morocco stocks were lower after the close on Friday, as losses in the Forestry&Paper, Distributors and Utilities sectors led shares lower.

At the close in Casablanca, the Moroccan All Shares declined 0.43%.

The best performers of the session on the Moroccan All Shares were Snep (CS:SNP), which rose 7.30% or 36.00 points to trade at 529.00 at the close. Meanwhile, SMI (CS:SMI) added 5.97% or 100 points to end at 1776 and Total Maroc SA (CS:TMA) was up 5.17% or 59.0 points to 1200.0 in late trade.

The worst performers of the session were Atlanta (CS:ATL), which fell 5.97% or 4.00 points to trade at 63.00 at the close. Med Paper (CS:PAP) declined 5.84% or 1.25 points to end at 20.15 and Label Vie (CS:LBV) was down 5.41% or 110 points to 1925.

Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 22 to 14 and 6 ended unchanged.

Crude oil for October delivery was up 0.48% or 0.33 to $68.92 a barrel. Elsewhere in commodities trading, Brent oil for delivery in November fell 0.03% or 0.02 to hit $78.16 a barrel, while the December Gold Futures contract fell 0.65% or 7.90 to trade at $1200.30 a troy ounce.

EUR/MAD was down 0.11% to 10.9540, while USD/MAD rose 0.35% to 9.4150.

The US Dollar Index Futures was up 0.40% at 94.91.

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