Morocco shares lower at close of trade; Moroccan All Shares down 0.38%

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

At the close in Casablanca, the Moroccan All Shares lost 0.38%.

The biggest gainers of the session on the Moroccan All Shares were Cartier Saada (CSE:CRS), which rose 9.98% or 3.04 points to trade at 33.50 at the close. Ste de Travaux de Realisation d’Ouvrages et de Constuction Industielle SA (CSE:STR) added 6.58% or 3.89 points to end at 62.99 and Hps (CSE:HPS) was up 5.85% or 31.00 points to 561.00 in late trade.

Biggest losers included Sanlam Maroc SA (CSE:SAH), which lost 5.89% or 119.00 points to trade at 1,900.00 in late trade. Agma Lahlou-Tazi (CSE:AGM) declined 5.42% or 367.00 points to end at 6,400.00 and Involys (CSE:INV) shed 4.29% or 4.80 points to 107.20.

Declining stocks outnumbered rising ones by 32 to 19 and 7 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for October delivery was down 1.51% or 1.17 to $76.25 a barrel. Meanwhile, Brent oil for delivery in November fell 1.38% or 1.11 to hit $79.25 a barrel, while the December Gold Futures contract fell 0.16% or 4.00 to trade at $2,551.20 a troy ounce.

EUR/MAD was up 0.09% to 10.77, while USD/MAD fell 0.07% to 9.64.

The US Dollar Index Futures was down 0.13% at 100.61.