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Morocco shares lower at close of trade; Moroccan All Shares down 0.01%

Published 09/01/2019, 17:05
© Reuters.  Morocco shares lower at close of trade; Moroccan All Shares down 0.01%
MASI
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ADI
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CMT
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TSF1
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AFI
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DWY
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STR
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CHIM
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SP
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LSI
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Investing.com – Morocco equities were lower at the close on Wednesday, as losses in the Chemicals, Forestry & Paper and Software & Computer Services sectors propelled shares lower.

At the close in Casablanca, the Moroccan All Shares lost 0.01%.

The biggest gainers of the session on the Moroccan All Shares were Taslif (CS:TSF1), which rose 5.97% or 1.32 points to trade at 23.42 at the close. Miniere Touissit (CS:CMT) added 4.11% or 54 points to end at 1369 and Alliances (CS:ADI) was unchanged 0.38% or 0 points to 78 in late trade.

Biggest losers included Stroc Industrie (CS:STR), which lost 6.02% or 1.60 points to trade at 25.00 in late trade. Afric Industries Sa (CS:AFIND) declined 5.98% or 17.10 points to end at 268.90 and Disway SA (CS:DWY) shed 4.26% or 12.00 points to 270.00.

Declining stocks outnumbered rising ones by 13 to 10 and 7 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for February delivery was up 4.84% or 2.41 to $52.19 a barrel. Meanwhile, Brent oil for delivery in March rose 4.16% or 2.44 to hit $61.16 a barrel, while the February Gold Futures contract rose 0.31% or 4.00 to trade at $1289.90 a troy ounce.

EUR/MAD was up 0.29% to 10.8970, while USD/MAD fell 0.42% to 9.4575.

The US Dollar Index Futures was down 0.55% at 94.958.

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