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Morocco shares lower at close of trade; Moroccan All Shares down 0.29%

Published 11/06/2018, 18:05
© Reuters.  Morocco shares lower at close of trade; Moroccan All Shares down 0.29%

Investing.com – Morocco equities were lower at the close on Monday, as losses in the Invest Companies & Other Finance, Food Producers & Processors and Chemicals sectors propelled shares lower.

At the close in Casablanca, the Moroccan All Shares fell 0.29%.

The biggest gainers of the session on the Moroccan All Shares were Stroc Industrie (CS:STR), which rose 7.82% or 2.32 points to trade at 31.99 at the close. Micro Data SA (CS:MIC) added 4.97% or 14.20 points to end at 299.95 and Med Paper (CS:PAP) was up 2.74% or 0.63 points to 23.63 in late trade.

Biggest losers included Zellidja S.A (CS:ZELI), which lost 5.99% or 7.05 points to trade at 110.60 in late trade. Oulmes (CS:OULM) declined 5.98% or 98 points to end at 1541 and Maroc Leasing (CS:MLE) shed 5.91% or 26.00 points to 414.00.

Declining stocks outnumbered rising ones by 15 to 14 and 6 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for July delivery was up 0.65% or 0.43 to $66.17 a barrel. Meanwhile, Brent oil for delivery in August rose 0.17% or 0.13 to hit $76.59 a barrel, while the August Gold Futures contract rose 0.15% or 2.00 to trade at $1304.70 a troy ounce.

EUR/MAD was up 0.07% to 11.1320, while USD/MAD fell 0.17% to 9.4351.

The US Dollar Index Futures was unchanged 0.00% at 93.55.

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