Rabat - The Moroccan All Shares Index closed Tuesday’s trade session with a symbolic 0.02 percent decrease to 12.053 points, as losses in the Software & Computer Services, Forestry & Paper and Holding Companies sectors led shares lower.
Rabat – The Moroccan All Shares Index closed Tuesday’s trade session with a symbolic 0.02 percent decrease to 12.053 points, as losses in the Software & Computer Services, Forestry & Paper and Holding Companies sectors led shares lower.
Transactions volumes traded at only MAD 120 million in sum on the central market. SNEP, which was one of the top performers of yesterday’s session, saw its shares rising by 9.99 percent after the announcement of its level of activity in the first semester of 2017. The National Society of Electrolysis and Petrochemistry traded at MAD 445.90 per dividend, draining more than MAD 31 million of trade volumes.
Alliances also posted a good performance during the session, finishing with a gain of 6.75 percent at MAD 183.50. The real estate company channeled MAD 13 million in exchanges.
Technology stocks posted the largest declines in the session. S2M took the roughest hit with a 5.43 percent loss to trade at MAD 244 at the close. Followed by HPS which declined by 4.88 percent to end at MAD 1130, and BMCE Bank was down 2.77 percent to MAD 207.10.
Med Paper, which experienced strong movements on Monday, fell by 2.52 percent to MAD 29 at close of trade.
In total, falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 22 to 19 and 3 ended unchanged.
EUR/MAD was down 0.03 percent to MAD 10.9880, while USD/MAD rose 0.09 percent to MAD 9.6798.
The US Dollar Index Futures was up 0.04 percent at MAD 95.99.
