Morocco shares lower at close of trade; Moroccan All Shares down 0.52%

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

At the close in Casablanca, the Moroccan All Shares lost 0.52%.

The biggest gainers of the session on the Moroccan All Shares were Stokvis Nord Afrique (CSE:SNA), which rose 7.05% or 1.10 points to trade at 16.70 at the close. Realis. Mecaniques (CSE:SRM) added 6.52% or 29.00 points to end at 474.00 and Micro Data SA (CSE:MIC) was up 2.40% or 15.00 points to 640.00 in late trade.

Biggest losers included Fenie Brossette (CSE:FBR), which lost 6.26% or 7.75 points to trade at 116.05 in late trade. Residences Dar Saada SA (CSE:RDS) declined 4.52% or 3.60 points to end at 76.00 and SMI (CSE:SMI) shed 3.67% or 80.00 points to 2,100.00.

Declining stocks outnumbered rising ones by 31 to 16 and 8 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for October delivery was down 3.62% or 2.66 to $70.89 a barrel. Meanwhile, Brent oil for delivery in November fell 4.12% or 3.19 to hit $74.33 a barrel, while the December Gold Futures contract fell 0.60% or 15.05 to trade at $2,512.55 a troy ounce.

EUR/MAD was down 0.72% to 10.77, while USD/MAD fell 0.46% to 9.76.

The US Dollar Index Futures was up 0.14% at 101.77.