Morocco stocks lower at close of trade; Moroccan All Shares down 0.14%

Investing.com – Morocco stocks were lower after the close on Thursday, as losses in the Utilities , Mining and Insurance sectors led shares lower.

At the close in Casablanca, the Moroccan All Shares fell 0.14%.

The best performers of the session on the Moroccan All Shares were Taqa Morocco SA (CSE:TQM ), which rose 3.46% or 46.00 points to trade at 1,376.00 at the close. Meanwhile, Marocaine pour le Commerce et l’Industrie Banque SA (CSE:BCI ) added 1.84% or 11.00 points to end at 580.00 and Risma (CSE:RIS ) was up 1.75% or 3.95 points to 230.00 in late trade.

The worst performers of the session were M2M Group (CSE:M2M ), which fell 4.91% or 28.50 points to trade at 551.50 at the close. Residences Dar Saada SA (CSE:RDS ) declined 3.05% or 2.45 points to end at 78.00 and Wafa Assurance (CSE:WAA ) was down 2.96% or 131.00 points to 4,299.00.

Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 23 to 21 and 6 ended unchanged.

Crude oil for January delivery was down 1.37% or 0.96 to $69.33 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February fell 1.07% or 0.79 to hit $72.73 a barrel, while the February Gold Futures contract fell 1.76% or 48.54 to trade at $2,708.16 a troy ounce.

EUR/MAD was up 0.06% to 10.48, while USD/MAD fell 0.07% to 9.98.

The US Dollar Index Futures was down 0.04% at 106.35.

Source: Investing.com