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Morocco shares lower at close of trade; Moroccan All Shares down 0.44%

Published 17/06/2015, 17:05
Morocco shares lower at close of trade; Moroccan All Shares down 0.44%

Investing.com – Morocco equities were lower at the close on Wednesday, 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 6-month low.

The biggest gainers of the session on the Moroccan All Shares were Delattre Levivier Maroc (CS:DLM), which rose 9.09% or 20.00 points to trade at 240.00 at the close. Afric Industries Sa (CS:AFIND) added 5.80% or 17.50 points to end at 319.00 and Nexans Maroc (CS:NEX) was up 4.96% or 8.00 points to 169.00 in late trade.

Biggest losers included Douja Prom Addoha (CS:ADH), which lost 5.52% or 1.60 points to trade at 27.37 in late trade. Jet Contractors (CS:JET) declined 5.42% or 10.90 points to end at 190.10 and Disway (CS:DWAY) shed 5.38% or 12.30 points to 216.20.

Declining stocks outnumbered rising ones by 18 to 16 and 4 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for August delivery was down 1.54% or 0.93 to $59.52 a barrel. Meanwhile, Brent oil for delivery in August fell 1.22% or 0.78 to hit $62.92 a barrel, while the August Gold contract fell 0.46% or 5.40 to trade at $1175.50 a troy ounce.

EUR/MAD was up 0.23% to 10.9000, while USD/MAD rose 0.29% to 9.6950.

The US Dollar Index was up 0.04% at 95.25.

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