Morocco stocks lower at close of trade; Moroccan All Shares down 0.83%

Morocco stocks lower at close of trade; Moroccan All Shares down 0.83%

Jun 25, 2018

Investing.com – Morocco stocks were lower after the close on Monday, as losses in the Mining, Holding Companies and Real Estate sectors led shares lower.

At the close in Casablanca, the Moroccan All Shares lost 0.83% to hit a new 6-months low.

The best performers of the session on the Moroccan All Shares were Agma Lahlou-Tazi (CS:AGMA), which rose 5.83% or 169 points to trade at 3069 at the close. Meanwhile, Saham Assurance (CS:SAH) added 3.29% or 51 points to end at 1600 and Fenie Brossette (CS:FBR) was up 2.82% or 2.90 points to 105.90 in late trade.

The worst performers of the session were Cartier Saada (CS:CRS), which fell 6.35% or 1.56 points to trade at 23.00 at the close. M2M Group (CS:M2M) declined 5.49% or 25.00 points to end at 430.00 and Taqa Morocco SA (CS:TQM) was down 5.32% or 50.00 points to 890.00.

Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 25 to 7 and 9 ended unchanged.

Crude oil for August delivery was down 0.41% or 0.28 to $68.30 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September fell 1.66% or 1.25 to hit $74.07 a barrel, while the August Gold Futures contract fell 0.24% or 3.00 to trade at $1267.70 a troy ounce.

EUR/MAD was up 0.06% to 11.0920, while USD/MAD fell 0.20% to 9.4873.

The US Dollar Index Futures was down 0.20% at 94.00.

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