Morocco shares lower at close of trade; Moroccan All Shares down 0.51%

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Morocco shares lower at close of trade; Moroccan All Shares down 0.51%
Credit: © Reuters.

Investing.com – Morocco equities were lower at the close on Tuesday, as losses in the Utilities , Hotels, Restaurants & Leisure and Oil & Gas sectors propelled shares lower.

At the close in Casablanca, the Moroccan All Shares declined 0.51%.

The biggest gainers of the session on the Moroccan All Shares were M2M Group (CS: M2M ), which rose 7.08% or 35.05 points to trade at 530.00 at the close. Delattre Levivier Maroc (CS: DLM ) added 5.44% or 9.80 points to end at 189.90 and Miniere Touissit (CS: CMT ) was up 5.05% or 86 points to 1790 in late trade.

Biggest losers included Saham Assurance (CS: SAH ), which lost 6.82% or 109 points to trade at 1490 in late trade. Lydec (CS: LYD ) declined 5.98% or 37.10 points to end at 582.90 and Risma (CS: RIS ) shed 4.76% or 7.50 points to 150.00.

Declining stocks outnumbered rising ones by 23 to 16 and 7 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for May delivery was down 0.17% or 0.11 to $65.44 a barrel. Meanwhile, Brent oil for delivery in June rose 0.01% or 0.01 to hit $69.53 a barrel, while the April Gold Futures contract fell 0.74% or 10.00 to trade at $1345.00 a troy ounce.

EUR/MAD was down 0.05% to 11.3600, while USD/MAD rose 0.25% to 9.1525.

The US Dollar Index Futures was up 0.33% at 88.93.

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