Morocco stocks lower at close of trade; Moroccan All Shares down 0.33%

Aug 06, 2018

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

At the close in Casablanca, the Moroccan All Shares fell 0.33%.

The best performers of the session on the Moroccan All Shares were Afriquia Gaz (CS:AGAZ1), which rose 7.95% or 210 points to trade at 2850 at the close. Meanwhile, Stroc Industrie (CS:STR) added 6.43% or 1.72 points to end at 28.46 and Involys (CS:INV) was up 4.32% or 5.30 points to 127.90 in late trade.

The worst performers of the session were Colorado (CS:COL), which fell 5.48% or 4.00 points to trade at 69.00 at the close. Taqa Morocco SA (CS:TQM) declined 2.75% or 23.40 points to end at 826.60 and Bmce Bank (CS:BMCE) was down 2.44% or 5.00 points to 200.00.

Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 10 to 9 and 3 ended unchanged.

Shares in Taqa Morocco SA (CS:TQM) fell to 52-week lows; down 2.75% or 23.40 to 826.60.

Crude oil for September delivery was up 1.43% or 0.98 to $69.47 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October rose 1.04% or 0.76 to hit $73.97 a barrel, while the December Gold Futures contract fell 0.46% or 5.60 to trade at $1217.60 a troy ounce.

EUR/MAD was down 0.12% to 10.9440, while USD/MAD rose 0.02% to 9.4771.

The US Dollar Index Futures was up 0.27% at 95.29.