Morocco shares lower at close of trade; Moroccan All Shares down 0.08%

Investing.com – Morocco equities were lower at the close on Tuesday, as losses in the Distributors , Telecoms and Utilities sectors propelled shares lower.

At the close in Casablanca, the Moroccan All Shares fell 0.08%.

The biggest gainers of the session on the Moroccan All Shares were Promopharm S.A. (CS: PRO ), which rose 5.98% or 76 points to trade at 1347 at the close. Maroc Leasing (CS: MLE ) added 5.95% or 22.00 points to end at 392.00 and Salafin (CS: SLF ) was up 4.22% or 36 points to 890 in late trade.

Biggest losers included Delattre Levivier Maroc (CS: DLM ), which lost 4.14% or 7.90 points to trade at 183.10 in late trade. Label Vie (CS: LBV ) declined 4.11% or 60 points to end at 1400 and Aluminum mar 1l (CS: ALU ) shed 3.70% or 50 points to 1300.

Declining stocks outnumbered rising ones by 23 to 17 and 2 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for July delivery was up 0.25% or 0.13 to $51.26 a barrel. Meanwhile, Brent oil for delivery in July rose 0.19% or 0.10 to hit $53.97 a barrel, while the June Gold Futures contract fell 0.65% or 8.19 to trade at $1253.21 a troy ounce.

EUR/MAD was down 0.16% to 10.9270, while USD/MAD rose 0.23% to 9.7612.

The US Dollar Index Futures was up 0.33% at 97.20.