Morocco shares lower at close of trade; Moroccan All Shares down 0.41%

  • Stock Market News
Morocco shares lower at close of trade; Moroccan All Shares down 0.41%
Credit: © Reuters. – Morocco equities were lower at the close on Tuesday, as losses in the Hotels, Restaurants & Leisure , Mining and Forestry & Paper sectors propelled shares lower.

At the close in Casablanca, the Moroccan All Shares fell 0.41%.

The biggest gainers of the session on the Moroccan All Shares were Promopharm S.A. (CS: PRO ), which rose 5.96% or 88 points to trade at 1564 at the close. Stokvis Nord Afrique (CS: SNA ) added 3.16% or 0.54 points to end at 17.65 and Snep (CS: SNP ) was up 2.30% or 14.00 points to 624.00 in late trade.

Biggest losers included M2M Group (CS: M2M ), which lost 7.06% or 38.00 points to trade at 500.00 in late trade. Risma (CS: RIS ) declined 3.48% or 6.50 points to end at 180.50 and Cartier Saada (CS: CRS ) shed 3.19% or 0.79 points to 24.00.

Declining stocks outnumbered rising ones by 24 to 10 and 9 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for June delivery was down 0.07% or 0.05 to $70.91 a barrel. Meanwhile, Brent oil for delivery in July rose 0.78% or 0.61 to hit $78.84 a barrel, while the June Gold Futures contract fell 2.10% or 27.70 to trade at $1290.50 a troy ounce.

EUR/MAD was down 0.19% to 11.1560, while USD/MAD rose 0.28% to 9.3968.

The US Dollar Index Futures was up 0.52% at 93.03.

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