Morocco shares lower at close of trade; Moroccan All Shares down 0.09%

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Morocco shares lower at close of trade; Moroccan All Shares down 0.09%
Credit: © Reuters. – Morocco equities were lower at the close on Monday, as losses in the Forestry & Paper , Banking and Mining sectors propelled shares lower.

At the close in Casablanca, the Moroccan All Shares declined 0.09%.

The biggest gainers of the session on the Moroccan All Shares were Taslif (CS: TSF1 ), which rose 5.75% or 1.38 points to trade at 25.40 at the close. Risma (CS: RIS ) added 3.95% or 6.95 points to end at 182.95 and Brasseries Du Maroc (CS: SBM ) was up 3.90% or 115 points to 3060 in late trade.

Biggest losers included Cartier Saada (CS: CRS ), which lost 6.64% or 1.64 points to trade at 23.06 in late trade. Aluminum mar 1l (CS: ALU ) declined 6.13% or 100 points to end at 1530 and Med Paper (CS: PAP ) shed 4.26% or 0.98 points to 22.02.

Declining stocks outnumbered rising ones by 21 to 20 and 10 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for August delivery was up 0.37% or 0.24 to $65.09 a barrel. Meanwhile, Brent oil for delivery in August rose 1.82% or 1.34 to hit $74.78 a barrel, while the August Gold Futures contract rose 0.17% or 2.20 to trade at $1280.70 a troy ounce.

EUR/MAD was up 0.03% to 11.0690, while USD/MAD rose 0.04% to 9.5380.

The US Dollar Index Futures was up 0.08% at 94.52.

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