Morocco stocks lower at close of trade; Moroccan All Shares down 0.30%

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

At the close in Casablanca, the Moroccan All Shares declined 0.30%.

The best performers of the session on the Moroccan All Shares were Risma (CSE:RIS ), which rose 2.54% or 5.70 points to trade at 229.70 at the close. Meanwhile, Ciments Du Maroc (CSE:CMA ) added 2.30% or 40.00 points to end at 1,779.00 and Taqa Morocco SA (CSE:TQM ) was up 2.19% or 28.00 points to 1,308.00 in late trade.

The worst performers of the session were Realis. Mecaniques (CSE:SRM ), which fell 4.74% or 23.90 points to trade at 480.00 at the close. LafargeHolcim Maroc (CSE:LHM ) declined 3.14% or 60.00 points to end at 1,850.00 and CIH (CSE:CIH ) was down 2.91% or 12.00 points to 400.00.

Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 23 to 20 and 8 ended unchanged.

Crude oil for October delivery was up 3.34% or 2.25 to $69.56 a barrel. Elsewhere in commodities trading, Brent oil for delivery in November rose 2.87% or 2.03 to hit $72.64 a barrel, while the December Gold Futures contract rose 1.45% or 36.85 to trade at $2,579.25 a troy ounce.

EUR/MAD was up 0.05% to 10.78, while USD/MAD unchanged 0.02% to 9.78.

The US Dollar Index Futures was down 0.09% at 101.57.

Source: Investing.com