Morocco stocks lower at close of trade; Moroccan All Shares down 0.79%

Investing.com – Morocco stocks were lower after the close on Thursday, as losses in the Forestry & Paper , Transport and Utilities sectors led shares lower.

At the close in Casablanca, the Moroccan All Shares declined 0.79%.

The best performers of the session on the Moroccan All Shares were S2M (CSE:S2M ), which rose 9.32% or 21.90 points to trade at 256.90 at the close. Meanwhile, Involys (CSE:INV ) added 5.04% or 4.89 points to end at 101.95 and Sanlam Maroc SA (CSE:SAH ) was up 2.45% or 46.00 points to 1,926.00 in late trade.

The worst performers of the session were Maghreb Oxygene (CSE:MOX ), which fell 9.94% or 24.85 points to trade at 225.10 at the close. AFMA SA (CSE:AFM ) declined 6.06% or 72.00 points to end at 1,117.00 and Micro Data SA (CSE:MIC ) was down 3.00% or 19.00 points to 615.00.

Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 28 to 23 and 9 ended unchanged.

Shares in AFMA SA (CSE:AFM ) fell to 3-years lows; down 6.06% or 72.00 to 1,117.00.

Crude oil for January delivery was up 1.57% or 1.08 to $69.83 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January rose 1.46% or 1.06 to hit $73.87 a barrel, while the December Gold Futures contract rose 0.67% or 17.70 to trade at $2,669.40 a troy ounce.

EUR/MAD was down 0.21% to 10.52, while USD/MAD rose 0.06% to 10.00.

The US Dollar Index Futures was down 0.17% at 106.43.

Source: Investing.com