Morocco shares lower at close of trade; Moroccan All Shares down 0.58%

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Morocco shares lower at close of trade; Moroccan All Shares down 0.58%
Credit: © Reuters. – Morocco equities were lower at the close on Tuesday, as losses in the Mining , Real Estate and Oil & Gas sectors propelled shares lower.

At the close in Casablanca, the Moroccan All Shares lost 0.58% to hit a new 3-month low.

The biggest gainers of the session on the Moroccan All Shares were Maroc Leasing (CS: MLE ), which rose 5.05% or 21.00 points to trade at 437.00 at the close. Med Paper (CS: PAP ) added 4.68% or 1.03 points to end at 23.05 and Alliances (CS: ADI ) was up 3.76% or 4 points to 113 in late trade.

Biggest losers included Taslif (CS: TSF1 ), which lost 4.65% or 1.18 points to trade at 24.22 in late trade. Residences Dar Saada SA (CS: RDS ) declined 3.78% or 4.80 points to end at 122.10 and Realis. Mecaniques (CS: SRM ) shed 3.19% or 9.30 points to 282.00.

Declining stocks outnumbered rising ones by 21 to 12 on the Casablanca Stock Exchange.

In commodities trading, Crude oil for August delivery was down 1.60% or 1.05 to $64.64 a barrel. Meanwhile, Brent oil for delivery in August fell 0.37% or 0.28 to hit $75.06 a barrel, while the August Gold Futures contract fell 0.15% or 1.90 to trade at $1278.20 a troy ounce.

EUR/MAD was down 0.20% to 11.0520, while USD/MAD rose 0.29% to 9.5542.

The US Dollar Index Futures was up 0.35% at 94.74.

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