Morocco stocks lower at close of trade; Moroccan All Shares down 0.11%

Morocco stocks were lower after the close on Friday, as losses in the Utilities, Banking and Mining sectors led shares lower.

At the close in Casablanca, the Moroccan All Shares declined 0.11%.

The best performers of the session on the Moroccan All Shares were Ste Nationale de Siderurgie SA (CSE:SID), which rose 7.76% or 128.00 points to trade at 1,778.00 at the close. Meanwhile, Micro Data SA (CSE:MIC) added 6.66% or 49.00 points to end at 785.00 and Maghrebine de Monetique Ste SA (CSE:S2M) was up 5.24% or 23.90 points to 480.00 in late trade.

The worst performers of the session were Fenie Brossette Ste SA (CSE:FBR), which fell 2.99% or 10.00 points to trade at 325.00 at the close. Stokvis Nord Afrique (CSE:SNA) declined 2.84% or 1.36 points to end at 46.60 and Compagnie Sucrerie Marocaine et de Raffinage SA (CSE:CSR) was down 2.75% or 4.95 points to 175.05.

Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 30 to 20 and 7 ended unchanged.

Crude oil for December delivery was up 2.88% or 2.86 to $102.33 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December rose 2.85% or 3.23 to hit $116.40 a barrel, while the December Gold Futures contract fell 1.26% or 51.25 to trade at $4,009.15 a troy ounce.

EUR/MAD was down 0.09% to 11.00, while USD/MAD unchanged 0.04% to 9.82.

The US Dollar Index Futures was up 0.13% at 101.58.