Morocco shares lower at close of trade; Moroccan All Shares down 0.78%

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Morocco shares lower at close of trade; Moroccan All Shares down 0.78%
Credit: © Reuters. – Morocco equities were lower at the close on Tuesday, as losses in the Chemicals , Construction & Building Materials and Holding Companies sectors propelled shares lower.

At the close in Casablanca, the Moroccan All Shares fell 0.78%.

The biggest gainers of the session on the Moroccan All Shares were IB Maroc Com SA (CS: IBC ), which rose 9.96% or 10.30 points to trade at 113.70 at the close. Involys (CS: INV ) added 9.83% or 14.05 points to end at 157.00 and Jet Contractors (CS: JET ) was up 9.65% or 20.95 points to 237.95 in late trade.

Biggest losers included Rebab Company (CS: REBA ), which lost 5.93% or 8.00 points to trade at 127.00 in late trade. Colorado (CS: COL ) declined 5.18% or 3.68 points to end at 67.32 and Saham Assurance (CS: SAH ) shed 2.49% or 36 points to 1410.

Declining stocks outnumbered rising ones by 23 to 20 and 1 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for September delivery was down 0.29% or 0.14 to $47.45 a barrel. Meanwhile, Brent oil for delivery in October fell 0.16% or 0.08 to hit $50.65 a barrel, while the December Gold Futures contract fell 0.74% or 9.58 to trade at $1280.82 a troy ounce.

EUR/MAD was up 0.14% to 11.1330, while USD/MAD rose 0.51% to 9.4862.

The US Dollar Index Futures was up 0.39% at 93.70.

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