Smallcap stock hits 10% lower circuit after inclusion in Additional Surveillance Measures (ASM)
Investing.com – Morocco equities were lower at the close on Monday, as losses in the Utilities, Banks and Mining sectors led shares lower.
At the close in Casablanca, the Moroccan All Shares lost 1.30%.
The biggest gainers of the session on the Moroccan All Shares were Ste de Travaux de Realisation d’Ouvrages et de Constuction Industielle SA (CSE:STR), which rose 9.96% or 12.95 points to trade at 142.95 at the close. Societe Equipement Domestique et Menager SA (CSE:EQD) added 7.51% or 81.00 points to end at 1,160.00 and Societe des Boissons du Maroc SA (CSE:SBM) was up 5.65% or 116.00 points to 2,169.00 in late trade.
Biggest losers included Micro Data SA (CSE:MIC), which fell 7.24% or 62.80 points to trade at 805.20 in late trade. CFG Bank SA (CSE:CFG) declined 3.89% or 9.40 points to end at 232.50 and Douja Prom Addoha (CSE:ADH) down 3.86% or 1.43 points to 35.60.
Falling stocks outnumbered advancing ones by 35 to 21 and 3 ended unchanged on the Casablanca Stock Exchange.
Shares in Ste de Travaux de Realisation d’Ouvrages et de Constuction Industielle SA (CSE:STR) rose to 5-year highs; gaining 9.96% or 12.95 to 142.95.
Crude oil for August delivery was down 3.48% or 2.48 to $68.81 a barrel. Elsewhere in commodities trading, Brent oil for delivery in August fell 3.52% or 2.61 to hit $71.62 a barrel, while the August Gold Futures contract fell 0.97% or 33.50 to trade at $3,419.30 a troy ounce.
EUR/MAD was up 0.10% to 10.54, while USD/MAD fell 0.07% to 9.11.
The US Dollar Index Futures was down 0.32% at 97.43.