Morocco shares lower at close of trade; Moroccan All Shares down 1.02%

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Morocco shares lower at close of trade; Moroccan All Shares down 1.02%
Credit: © Reuters. – Morocco equities were lower at the close on Tuesday, as losses in the Hotels, Restaurants & Leisure , Real Estate and Chemicals sectors propelled shares lower.

At the close in Casablanca, the Moroccan All Shares declined 1.02% to hit a new 1-month low.

The biggest gainers of the session on the Moroccan All Shares were M2M Group (CS: M2M ), which rose 2.23% or 10.95 points to trade at 501.00 at the close. SMI (CS: SMI ) added 1.59% or 55 points to end at 3505 and S2M (CS: S2M ) was up 1.14% or 3.50 points to 309.50 in late trade.

Biggest losers included Alliances (CS: ADI ), which lost 9.99% or 19 points to trade at 172 in late trade. Risma (CS: RIS ) declined 5.47% or 8.40 points to end at 145.05 and Delattre Levivier Maroc (CS: DLM ) shed 5.26% or 10.00 points to 180.00.

Declining stocks outnumbered rising ones by 32 to 11 and 8 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for May delivery was up 0.81% or 0.51 to $63.52 a barrel. Meanwhile, Brent oil for delivery in June rose 0.75% or 0.51 to hit $68.15 a barrel, while the June Gold Futures contract fell 0.67% or 9.00 to trade at $1337.90 a troy ounce.

EUR/MAD was down 0.07% to 11.3190, while USD/MAD rose 0.15% to 9.2290.

The US Dollar Index Futures was up 0.17% at 89.84.

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