Morocco shares lower at close of trade; Moroccan All Shares down 0.83%

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Morocco shares lower at close of trade; Moroccan All Shares down 0.83%
Credit: © Reuters.

Investing.com – Morocco equities were lower at the close on Monday, as losses in the Mining , Holding Companies and Real Estate sectors propelled shares lower.

At the close in Casablanca, the Moroccan All Shares declined 0.83% to hit a new 6-month low.

The biggest gainers of the session on the Moroccan All Shares were Agma Lahlou-Tazi (CS: AGMA ), which rose 5.83% or 169 points to trade at 3069 at the close. Saham Assurance (CS: SAH ) added 3.29% or 51 points to end at 1600 and Fenie Brossette (CS: FBR ) was up 2.82% or 2.90 points to 105.90 in late trade.

Biggest losers included Cartier Saada (CS: CRS ), which lost 6.35% or 1.56 points to trade at 23.00 in late trade. M2M Group (CS: M2M ) declined 5.49% or 25.00 points to end at 430.00 and Taqa Morocco SA (CS: TQM ) shed 5.32% or 50.00 points to 890.00.

Declining stocks outnumbered rising ones by 25 to 7 and 9 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for August delivery was down 0.41% or 0.28 to $68.30 a barrel. Meanwhile, Brent oil for delivery in September fell 1.66% or 1.25 to hit $74.07 a barrel, while the August Gold Futures contract fell 0.22% or 2.80 to trade at $1267.90 a troy ounce.

EUR/MAD was up 0.06% to 11.0920, while USD/MAD fell 0.20% to 9.4873.

The US Dollar Index Futures was down 0.20% at 94.00.

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