Morocco shares lower at close of trade; Moroccan All Shares down 0.78%

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Morocco shares lower at close of trade; Moroccan All Shares down 0.78%
Credit: © Reuters.

Investing.com – Morocco equities were lower at the close on Monday, as losses in the Construction & Building Materials , Banking and Telecoms sectors propelled shares lower.

At the close in Casablanca, the Moroccan All Shares declined 0.78%.

The biggest gainers of the session on the Moroccan All Shares were Stroc Industrie (CS: STR ), which rose 9.96% or 2.44 points to trade at 26.95 at the close. CTM (CS: CTM ) added 9.87% or 83.90 points to end at 933.90 and Miniere Touissit (CS: CMT ) was up 7.47% or 107 points to 1540 in late trade.

Biggest losers included LafargeHolcim Maroc (CS: LHM ), which lost 4.32% or 70 points to trade at 1550 in late trade. AFMA SA (CS: AFM ) declined 4.25% or 46 points to end at 1037 and Taqa Morocco SA (CS: TQM ) shed 3.84% or 34.00 points to 851.00.

Advancing stocks outnumbered falling ones by 13 to 11 and 9 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for December delivery was up 1.11% or 0.67 to $60.86 a barrel. Meanwhile, Brent oil for delivery in January rose 1.21% or 0.85 to hit $71.03 a barrel, while the December Gold Futures contract fell 0.21% or 2.50 to trade at $1203.90 a troy ounce.

EUR/MAD was down 0.31% to 10.7730, while USD/MAD rose 0.42% to 9.5742.

The US Dollar Index Futures was up 0.55% at 97.27.

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