Investing.com – Morocco equities were lower at the close on Thursday, as losses in the Pharmaceutical Industry, Utilities and Telecoms sectors propelled shares lower.
At the close in Casablanca, the Moroccan All Shares lost 0.28%.
The biggest gainers of the session on the Moroccan All Shares were Label Vie (CSE:LBV), which rose 4.76% or 200.00 points to trade at 4,400.00 at the close. Societe Equipement Domestique et Menager SA (CSE:EQD) added 3.07% or 35.00 points to end at 1,175.00 and Taqa Morocco SA (CSE:TQM) was up 2.65% or 35.00 points to 1,355.00 in late trade.
Biggest losers included S2M (CSE:S2M), which lost 5.08% or 9.00 points to trade at 168.00 in late trade. Marocaine pour le Commerce et l’Industrie Banque SA (CSE:BCI) declined 4.31% or 27.50 points to end at 610.00 and Afric Industries Sa (CSE:AFI) shed 3.82% or 12.70 points to 320.00.
Declining stocks outnumbered rising ones by 28 to 17 and 10 ended unchanged on the Casablanca Stock Exchange.
In commodities trading, Crude oil for August delivery was up 0.95% or 0.77 to $81.67 a barrel. Meanwhile, Brent oil for delivery in September rose 0.81% or 0.68 to hit $85.15 a barrel, while the August Gold Futures contract rose 1.18% or 27.30 to trade at $2,340.50 a troy ounce.
EUR/MAD was up 0.32% to 10.63, while USD/MAD fell 0.07% to 9.94.
The US Dollar Index Futures was down 0.18% at 105.53.