Morocco stocks lower at close of trade; Moroccan All Shares down 0.80%

Investing.com – Morocco stocks were lower after the close on Friday, as losses in the Banking, Utilities and Oil & Gas sectors led shares lower.

At the close in Casablanca, the Moroccan All Shares lost 0.80%.

The best performers of the session on the Moroccan All Shares were IB Maroc Com SA (CSE:IBC), which rose 6.03% or 1.99 points to trade at 34.99 at the close. Meanwhile, Fenie Brossette (CSE:FBR) added 4.99% or 5.25 points to end at 110.45 and Nationale d’Electrolyse et de Petrochimie Ste SA (CSE:SNP) was up 3.59% or 20.10 points to 580.10 in late trade.

The worst performers of the session were Attijariwafa Bank (CSE:ATW), which fell 4.17% or 25.00 points to trade at 575.00 at the close. Colorado (CSE:COL) declined 2.86% or 1.51 points to end at 51.21 and Marocaine pour le Commerce et l’Industrie Banque SA (CSE:BCI) was down 2.55% or 15.00 points to 555.00.

Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 32 to 22 and 4 ended unchanged.

Crude oil for January delivery was down 1.77% or 1.21 to $67.09 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February fell 1.65% or 1.19 to hit $70.90 a barrel, while the February Gold Futures contract rose 0.39% or 10.21 to trade at $2,658.61 a troy ounce.

EUR/MAD was up 0.62% to 10.53, while USD/MAD unchanged 0.01% to 9.95.

The US Dollar Index Futures was up 0.27% at 105.98.