Morocco stocks lower at close of trade; Moroccan All Shares down 0.02%

© Reuters. Morocco stocks lower at close of trade; Moroccan All Shares down 0.02%© Reuters. Morocco stocks lower at close of trade; Moroccan All Shares down 0.02% – Morocco stocks were lower after the close on Thursday, as losses in the , and sectors led shares lower.

At the close in Casablanca, the declined 0.02% to hit a new 52-week low.

The best performers of the session on the were M2M Group (CS:), which rose 5.53% or 26.20 points to trade at 500.00 at the close. Meanwhile, Stroc Industrie (CS:) added 3.93% or 1.08 points to end at 28.59 and Sonasid (CS:) was up 3.33% or 17 points to 540 in late trade.

The worst performers of the session were Managem (CS:), which fell 9.95% or 138 points to trade at 1249 at the close. Agma Lahlou-Tazi (CS:) declined 5.47% or 168 points to end at 2901 and Snep (CS:) was down 3.04% or 20.00 points to 638.00.

Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 15 to 13 and 5 ended unchanged.

Shares in Managem (CS:) fell to 52-week lows; down 9.95% or 138 to 1249.

Crude oil for August delivery was down 0.94% or 0.66 to $69.72 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September rose 0.44% or 0.32 to hit $73.72 a barrel, while the August Gold Futures contract rose 0.22% or 2.70 to trade at $1247.10 a troy ounce.

EUR/MAD was up 0.03% to 11.0610, while USD/MAD fell 0.05% to 9.4668.

The US Dollar Index Futures was up 0.01% at 94.49.

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