Morocco shares lower at close of trade; Moroccan All Shares down 0.31%

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Morocco shares lower at close of trade; Moroccan All Shares down 0.31%
Credit: © Reuters. – Morocco equities were lower at the close on Tuesday, as losses in the Mining , Transport and Forestry & Paper sectors propelled shares lower.

At the close in Casablanca, the Moroccan All Shares declined 0.31% to hit a new 3-month low.

The biggest gainers of the session on the Moroccan All Shares were S2M (CS: S2M ), which rose 8.94% or 22.80 points to trade at 277.80 at the close. Stroc Industrie (CS: STR ) added 7.00% or 2.80 points to end at 42.80 and Ciments Du Maroc (CS: SCM ) was up 2.64% or 45 points to 1750 in late trade.

Biggest losers included Colorado (CS: COL ), which lost 5.74% or 5.10 points to trade at 83.80 in late trade. Managem (CS: MNG ) declined 3.03% or 50 points to end at 1600 and Micro Data SA (CS: MIC ) shed 2.55% or 7.35 points to 280.60.

Declining stocks outnumbered rising ones by 17 to 11 and 4 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for July delivery was down 0.06% or 0.04 to $72.31 a barrel. Meanwhile, Brent oil for delivery in July rose 0.54% or 0.43 to hit $79.65 a barrel, while the June Gold Futures contract rose 0.18% or 2.30 to trade at $1293.20 a troy ounce.

EUR/MAD was down 0.04% to 11.1230, while USD/MAD rose 0.02% to 9.4396.

The US Dollar Index Futures was up 0.03% at 93.49.

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