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Morocco shares lower at close of trade; Moroccan All Shares down 0.34%

Published 15/06/2015, 17:05
Updated 15/06/2015, 17:05
© Reuters.  Morocco shares lower at close of trade; Moroccan All Shares down 0.34%

© Reuters. Morocco shares lower at close of trade; Moroccan All Shares down 0.34%

Investing.com – Morocco equities were lower at the close on Monday, as losses in the Real Estate, Pharmaceutical Industry and Oil & Gas sectors propelled shares lower.

At the close in Casablanca, the Moroccan All Shares fell 0.34%.

The biggest gainers of the session on the Moroccan All Shares were Nexans Maroc (CS:NEX), which rose 9.44% or 13.90 points to trade at 161.00 at the close. Jet Contractors (CS:JET) added 5.82% or 11.00 points to end at 200.00 and Auto Hall (CS:AUTO) was up 2.87% or 2.50 points to 89.50 in late trade.

Biggest losers included Realis. Mecaniques (CS:SRM), which lost 5.70% or 13.50 points to trade at 223.00 in late trade. Timar (CS:TIM) declined 5.61% or 25.00 points to end at 420.00 and Snep (CS:SNP) shed 4.83% or 6.00 points to 118.00.

Declining stocks outnumbered rising ones by 19 to 13 and 3 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for August delivery was down 0.68% or 0.41 to $59.99 a barrel. Meanwhile, Brent oil for delivery in August fell 1.06% or 0.69 to hit $63.95 a barrel, while the August Gold contract rose 0.81% or 9.50 to trade at $1188.70 a troy ounce.

EUR/MAD was down 0.13% to 10.8760, while USD/MAD fell 0.06% to 9.6626.

The US Dollar Index was up 0.06% at 95.29.

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