Morocco shares lower at close of trade; Moroccan All Shares down 0.02%

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Morocco shares lower at close of trade; Moroccan All Shares down 0.02% – Morocco equities were lower at the close on Tuesday, as losses in the Software & Computer Services , Forestry & Paper and Holding Companies sectors propelled shares lower.

At the close in Casablanca, the Moroccan All Shares declined 0.02%.

The biggest gainers of the session on the Moroccan All Shares were Snep (CS: SNP ), which rose 9.99% or 40.50 points to trade at 445.90 at the close. Fenie Brossette (CS: FBR ) added 7.76% or 10.40 points to end at 144.40 and Alliances (CS: ADI ) was up 6.75% or 12 points to 184 in late trade.

Biggest losers included S2M (CS: S2M ), which lost 5.43% or 14.00 points to trade at 244.00 in late trade. Hps (CS: HPS ) declined 4.88% or 58.00 points to end at 1130.00 and Bmce Bank (CS: BMCE ) shed 2.77% or 5.90 points to 207.10.

Declining stocks outnumbered rising ones by 22 to 19 and 3 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for August delivery was up 0.02% or 0.01 to $47.08 a barrel. Meanwhile, Brent oil for delivery in September rose 0.04% or 0.02 to hit $49.70 a barrel, while the August Gold Futures contract rose 0.41% or 5.03 to trade at $1224.23 a troy ounce.

EUR/MAD was down 0.03% to 10.9880, while USD/MAD rose 0.09% to 9.6798.

The US Dollar Index Futures was up 0.04% at 95.99.

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