Morocco stocks lower at close of trade; Moroccan All Shares down 0.23%

Aug 01, 2018

Morocco stocks were lower after the close on Wednesday, as losses in the Real Estate, Pharmaceutical Industry and Oil&Gas sectors led shares lower.

At the close in Casablanca, the Moroccan All Shares declined 0.23%.

The best performers of the session on the Moroccan All Shares were Fenie Brossette (CS:FBR), which rose 6.70% or 6.33 points to trade at 100.75 at the close. Meanwhile, Douja Prom Addoha (CS:ADH) added 1.99% or 0.36 points to end at 18.49 and Jet Contractors (CS:JET) was up 1.96% or 6.70 points to 348.70 in late trade.

The worst performers of the session were Stroc Industrie (CS:STR), which fell 7.77% or 2.25 points to trade at 26.70 at the close. Atlanta (CS:ATL) declined 3.25% or 2.30 points to end at 68.50 and Snep (CS:SNP) was down 2.09% or 13.50 points to 631.50.

Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 16 to 6 and 4 ended unchanged.

Crude oil for September delivery was down 1.59% or 1.09 to $67.67 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October fell 1.82% or 1.35 to hit $72.86 a barrel, while the August Gold Futures contract fell 0.20% or 2.50 to trade at $1221.20 a troy ounce.

EUR/MAD was down 0.04% to 11.0420, while USD/MAD rose 0.05% to 9.4481.

The US Dollar Index Futures was up 0.01% at 94.34.