Morocco shares lower at close of trade; Moroccan All Shares down 0.13%

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

At the close in Casablanca, the Moroccan All Shares lost 0.13%.

The biggest gainers of the session on the Moroccan All Shares were Dari Couspate SA (CS: DRI ), which rose 5.98% or 305 points to trade at 5404 at the close. Nexans Maroc (CS: NEX ) added 3.58% or 4.65 points to end at 134.65 and IB Maroc Com SA (CS: IBC ) was up 3.35% or 2.68 points to 82.70 in late trade.

Biggest losers included Med Paper (CS: PAP ), which lost 3.85% or 1.00 points to trade at 25.00 in late trade. Snep (CS: SNP ) declined 3.34% or 22.90 points to end at 662.10 and Oulmes (CS: OULM ) shed 2.78% or 50 points to 1750.

Declining stocks outnumbered rising ones by 17 to 17 and 5 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for June delivery was up 1.16% or 0.81 to $70.53 a barrel. Meanwhile, Brent oil for delivery in July rose 1.59% or 1.19 to hit $76.06 a barrel, while the June Gold Futures contract fell 0.05% or 0.60 to trade at $1314.10 a troy ounce.

EUR/MAD was down 0.12% to 11.1760, while USD/MAD rose 0.15% to 9.3670.

The US Dollar Index Futures was up 0.14% at 92.55.