Morocco shares lower at close of trade; Moroccan All Shares down 0.07%

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Morocco shares lower at close of trade; Moroccan All Shares down 0.07%
Credit: © Reuters.

Investing.com – Morocco equities were lower at the close on Monday, as losses in the Forestry & Paper , Invest Companies & Other Finance and Food Producers & Processors sectors propelled shares lower.

At the close in Casablanca, the Moroccan All Shares declined 0.07%.

The biggest gainers of the session on the Moroccan All Shares were Taslif (CS: TSF1 ), which rose 5.96% or 1.55 points to trade at 27.55 at the close. IB Maroc Com SA (CS: IBC ) added 5.09% or 4.48 points to end at 92.50 and Brasseries Du Maroc (CS: SBM ) was up 3.98% or 90 points to 2350 in late trade.

Biggest losers included Unimer (CS: UMR ), which lost 5.44% or 9.40 points to trade at 163.55 in late trade. Med Paper (CS: PAP ) declined 3.80% or 1.16 points to end at 29.34 and Label Vie (CS: LBV ) shed 2.07% or 30 points to 1420.

Advancing stocks outnumbered falling ones by 23 to 13 and 10 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for July delivery was up 0.68% or 0.31 to $46.14 a barrel. Meanwhile, Brent oil for delivery in August rose 0.52% or 0.25 to hit $48.40 a barrel, while the August Gold Futures contract fell 0.17% or 2.16 to trade at $1269.24 a troy ounce.

EUR/MAD was down 0.03% to 10.9310, while USD/MAD fell 0.05% to 9.7601.

The US Dollar Index Futures was up 0.01% at 97.25.

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