Investing.com – Morocco equities were lower at the close on Thursday, as losses in the Real Estate, Pharmaceutical Industry and Oil & Gas sectors propelled shares lower.
At the close in Casablanca, the Moroccan All Shares declined 0.44% to hit a new 1-month low.
The biggest gainers of the session on the Moroccan All Shares were Med Paper (CS:PAP), which rose 9.98% or 1.69 points to trade at 18.61 at the close. Aluminum mar 1l (CS:ALU) added 5.86% or 57 points to end at 1029 and Risma (CS:RIS) was up 4.40% or 4.80 points to 113.80 in late trade.
Biggest losers included Centrale Danone (CS:CDA), which lost 6.00% or 56 points to trade at 884 in late trade. Involys (CS:INV) declined 4.50% or 5.50 points to end at 116.70 and Managem (CS:MNG) shed 4.17% or 33 points to 755.
Advancing stocks outnumbered falling ones by 18 to 15 and 8 ended unchanged on the Casablanca Stock Exchange.
In commodities trading, Crude oil for July delivery was down 2.73% or 1.31 to $46.70 a barrel. Meanwhile, Brent oil for delivery in August fell 2.59% or 1.27 to hit $47.70 a barrel, while the August Gold contract rose 1.11% or 14.35 to trade at $1302.65 a troy ounce.
EUR/MAD was up 0.03% to 10.9260, while USD/MAD rose 0.42% to 9.7390.
The US Dollar Index was up 0.20% at 94.86.