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Morocco shares lower at close of trade; Moroccan All Shares down 0.47%

Published 08/01/2018, 17:05
© Reuters.  Morocco shares lower at close of trade; Moroccan All Shares down 0.47%
MASI
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AGM
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NEJ
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MDP
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SRM
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IMMOB
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Investing.com – Morocco equities were lower at the close on Monday, as losses in the Forestry & Paper, Construction & Building Materials and Real Estate sectors propelled shares lower.

At the close in Casablanca, the Moroccan All Shares fell 0.47%.

The biggest gainers of the session on the Moroccan All Shares were Agma Lahlou-Tazi (CS:AGMA), which rose 5.98% or 176 points to trade at 3119 at the close. Disway SA (CS:DWY) added 5.56% or 25.00 points to end at 475.00 and Realis. Mecaniques (CS:SRM) was up 2.16% or 6.00 points to 284.00 in late trade.

Biggest losers included Auto Nejma (CS:NEJ1), which lost 5.98% or 134 points to trade at 2105 in late trade. Stroc Industrie (CS:STR) declined 4.16% or 2.15 points to end at 49.50 and Med Paper (CS:PAP) shed 2.92% or 0.95 points to 31.55.

Declining stocks outnumbered rising ones by 19 to 14 and 4 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for February delivery was up 0.15% or 0.09 to $61.53 a barrel. Meanwhile, Brent oil for delivery in March rose 0.10% or 0.07 to hit $67.69 a barrel, while the February Gold Futures contract fell 0.35% or 4.60 to trade at $1317.70 a troy ounce.

EUR/MAD was down 0.19% to 11.2050, while USD/MAD rose 0.25% to 9.3688.

The US Dollar Index Futures was up 0.34% at 92.06.

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