Morocco shares lower at close of trade; Moroccan All Shares down 0.74%

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Morocco shares lower at close of trade; Moroccan All Shares down 0.74%
Credit: © Reuters. – Morocco equities were lower at the close on Tuesday, as losses in the Holding Companies , Food Producers & Processors and Construction & Building Materials sectors propelled shares lower.

At the close in Casablanca, the Moroccan All Shares fell 0.74% to hit a new 52-week low.

The biggest gainers of the session on the Moroccan All Shares were S2M (CS: S2M ), which rose 6.42% or 17.00 points to trade at 282.00 at the close. Taslif (CS: TSF1 ) added 5.26% or 1.40 points to end at 28.00 and Med Paper (CS: PAP ) was up 4.55% or 1.00 points to 23.00 in late trade.

Biggest losers included SMI (CS: SMI ), which lost 5.99% or 154 points to trade at 2418 in late trade. Disway SA (CS: DWY ) declined 3.95% or 17.00 points to end at 413.00 and Delta Holding S.A (CS: DHO ) shed 3.47% or 1.18 points to 32.80.

Declining stocks outnumbered rising ones by 21 to 14 and 4 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for September delivery was up 0.22% or 0.15 to $67.22 a barrel. Meanwhile, Brent oil for delivery in September rose 0.57% or 0.41 to hit $72.25 a barrel, while the August Gold Futures contract fell 1.06% or 13.20 to trade at $1226.50 a troy ounce.

EUR/MAD was down 0.23% to 11.0460, while USD/MAD rose 0.27% to 9.4786.

The US Dollar Index Futures was up 0.53% at 94.77.

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