Morocco shares lower at close of trade; Moroccan All Shares down 0.01%

Investing.com – Morocco equities were lower at the close on Friday, as losses in the Beverage, Telecoms and Forestry&Paper sectors propelled shares lower.

At the close in Casablanca, the Moroccan All Shares declined 0.01%.

The biggest gainers of the session on the Moroccan All Shares were IB Maroc Com SA (CSE:IBC), which rose 9.97% or 3.86 points to trade at 42.56 at the close. M2M Group (CSE:M2M) added 5.98% or 30.50 points to end at 540.50 and Salafin (CSE:SLF) was up 5.98% or 31.10 points to 551.10 in late trade.

Biggest losers included Ste de Travaux de Realisation d’Ouvrages et de Constuction Industielle SA (CSE:STR), which lost 9.98% or 6.19 points to trade at 55.81 in late trade. Residences Dar Saada SA (CSE:RDS) declined 9.93% or 8.40 points to end at 76.20 and S2M (CSE:S2M) shed 9.31% or 25.50 points to 248.50.

Declining stocks outnumbered rising ones by 32 to 29 and 5 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for October delivery was down 2.77% or 2.10 to $73.81 a barrel. Meanwhile, Brent oil for delivery in November fell 2.23% or 1.76 to hit $77.06 a barrel, while the December Gold Futures contract fell 0.91% or 23.20 to trade at $2,537.10 a troy ounce.

EUR/MAD was unchanged 0.05% to 10.77, while USD/MAD rose 0.10% to 9.72.

The US Dollar Index Futures was up 0.22% at 101.50.