Morocco shares lower at close of trade; Moroccan All Shares down 0.48%

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Morocco shares lower at close of trade; Moroccan All Shares down 0.48%
Credit: © Reuters. – Morocco equities were lower at the close on Monday, as losses in the Invest Companies & Other Finance , Real Estate and Hotels, Restaurants & Leisure sectors propelled shares lower.

At the close in Casablanca, the Moroccan All Shares declined 0.48% to hit a new 3-month low.

The biggest gainers of the session on the Moroccan All Shares were Total Maroc SA (CS: TMA ), which rose 7.99% or 136.0 points to trade at 1838.0 at the close. Med Paper (CS: PAP ) added 4.04% or 0.99 points to end at 25.50 and Stroc Industrie (CS: STR ) was up 3.53% or 1.50 points to 44.00 in late trade.

Biggest losers included Promopharm S.A. (CS: PRO ), which lost 5.99% or 94 points to trade at 1476 in late trade. Salafin (CS: SLF ) declined 5.15% or 55 points to end at 1013 and Colorado (CS: COL ) shed 4.01% or 3.49 points to 83.51.

Declining stocks outnumbered rising ones by 25 to 8 and 6 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for June delivery was up 0.34% or 0.24 to $70.94 a barrel. Meanwhile, Brent oil for delivery in July rose 1.18% or 0.91 to hit $78.03 a barrel, while the June Gold Futures contract fell 0.11% or 1.50 to trade at $1319.20 a troy ounce.

EUR/MAD was up 0.08% to 11.1900, while USD/MAD fell 0.19% to 9.3439.

The US Dollar Index Futures was down 0.21% at 92.25.

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