Morocco shares lower at close of trade; Moroccan All Shares down 0.50%

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Morocco shares lower at close of trade; Moroccan All Shares down 0.50%
Credit: © Reuters.

Investing.com – Morocco equities were lower at the close on Monday, as losses in the Chemicals , Beverage and Construction & Building Materials sectors propelled shares lower.

At the close in Casablanca, the Moroccan All Shares fell 0.50% to hit a new 1-month low.

The biggest gainers of the session on the Moroccan All Shares were Rebab Company (CS: REBA ), which rose 5.96% or 7.45 points to trade at 132.45 at the close. Stroc Industrie (CS: STR ) added 5.14% or 2.29 points to end at 46.85 and Afriquia Gaz (CS: AGAZ1 ) was up 3.48% or 95 points to 2825 in late trade.

Biggest losers included Promopharm S.A. (CS: PRO ), which lost 5.96% or 81 points to trade at 1277 in late trade. Snep (CS: SNP ) declined 5.03% or 19.00 points to end at 359.00 and Oulmes (CS: OULM ) shed 3.73% or 64 points to 1650.

Declining stocks outnumbered rising ones by 21 to 10 and 14 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for July delivery was up 0.38% or 0.19 to $49.99 a barrel. Meanwhile, Brent oil for delivery in August rose 0.23% or 0.12 to hit $52.63 a barrel, while the June Gold Futures contract fell 0.12% or 1.50 to trade at $1266.60 a troy ounce.

EUR/MAD was unchanged 0.00% to 10.9240, while USD/MAD fell 0.00% to 9.7713.

The US Dollar Index Futures was unchanged 0.00% at 97.33.

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