Morocco shares lower at close of trade; Moroccan All Shares down 0.02%

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Morocco shares lower at close of trade; Moroccan All Shares down 0.02%
Credit: © Reuters.

Investing.com – Morocco equities were lower at the close on Monday, as losses in the Hotels, Restaurants & Leisure , Forestry & Paper and Mining sectors propelled shares lower.

At the close in Casablanca, the Moroccan All Shares declined 0.02% to hit a new 52-week low.

The biggest gainers of the session on the Moroccan All Shares were Sonasid (CS: SOND ), which rose 4.56% or 23 points to trade at 536 at the close. Cosumar (CS: CSMR ) added 3.47% or 6 points to end at 176 and Stokvis Nord Afrique (CS: SNA ) was up 2.59% or 0.44 points to 17.44 in late trade.

Biggest losers included SMI (CS: SMI ), which lost 5.99% or 164 points to trade at 2572 in late trade. Risma (CS: RIS ) declined 2.60% or 4.50 points to end at 168.50 and Micro Data SA (CS: MIC ) shed 2.40% or 7.00 points to 285.00.

Declining stocks outnumbered rising ones by 16 to 15 and 3 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for September delivery was down 3.90% or 2.73 to $67.22 a barrel. Meanwhile, Brent oil for delivery in September fell 4.13% or 3.11 to hit $72.22 a barrel, while the August Gold Futures contract fell 0.19% or 2.30 to trade at $1238.90 a troy ounce.

EUR/MAD was up 0.06% to 11.0690, while USD/MAD fell 0.07% to 9.4581.

The US Dollar Index Futures was down 0.14% at 94.31.

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