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

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

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

The biggest gainers 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. 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.

Biggest losers included Realis. Mecaniques (CSE:SRM), which lost 4.74% or 23.90 points to trade at 480.00 in late trade. LafargeHolcim Maroc (CSE:LHM) declined 3.14% or 60.00 points to end at 1,850.00 and CIH (CSE:CIH) shed 2.91% or 12.00 points to 400.00.

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

In commodities trading, Crude oil for October delivery was up 3.25% or 2.19 to $69.50 a barrel. Meanwhile, Brent oil for delivery in November rose 2.79% or 1.97 to hit $72.58 a barrel, while the December Gold Futures contract rose 1.41% or 35.85 to trade at $2,578.25 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 0.08% at 101.57.