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Morocco shares lower at close of trade; Moroccan All Shares down 0.28%

Published 06/08/2015, 17:05
© Reuters.  Morocco shares lower at close of trade; Moroccan All Shares down 0.28%
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Investing.com – Morocco equities were lower at the close on Thursday, as losses in the Transport, Telecoms and Software & Computer Services sectors propelled shares lower.

At the close in Casablanca, the Moroccan All Shares fell 0.28%.

The biggest gainers of the session on the Moroccan All Shares were Med Paper (CS:PAP), which rose 4.34% or 0.68 points to trade at 16.33 at the close. Lydec (CS:LYD) added 4.27% or 17.95 points to end at 437.95 and Holcim Maroc SA (CS:HOL) was up 2.63% or 59 points to 2300 in late trade.

Biggest losers included Cartier Saada (CS:CRS), which lost 5.97% or 1.27 points to trade at 19.98 in late trade. M2M Group (CS:M2M) declined 5.33% or 11.40 points to end at 202.10 and SMI (CS:SMI) shed 3.63% or 100 points to 2650.

Declining stocks outnumbered rising ones by 23 to 13 and 1 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for September delivery was down 1.86% or 0.84 to $44.31 a barrel. Meanwhile, Brent oil for delivery in September fell 1.12% or 0.56 to hit $49.03 a barrel, while the December Gold contract rose 0.34% or 3.70 to trade at $1089.30 a troy ounce.

EUR/MAD was up 0.04% to 10.7760, while USD/MAD fell 0.09% to 9.8670.

The US Dollar Index was down 0.05% at 97.92.

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