Morocco stocks lower at close of trade; Moroccan All Shares down 0.58%

Investing.com – Morocco stocks were lower after the close on Tuesday, as losses in the Utilities , Software & Computer Services and Food Producers & Processors sectors led shares lower.

At the close in Casablanca, the Moroccan All Shares declined 0.58% to hit a new 1-month low.

The best performers of the session on the Moroccan All Shares were CTM (CSE:CTM ), which rose 7.14% or 50.00 points to trade at 750.00 at the close. Meanwhile, Auto Hall (CSE:ATH ) added 2.69% or 1.73 points to end at 65.98 and Societe des Boissons du Maroc SA (CSE:SBM ) was up 2.13% or 49.00 points to 2,349.00 in late trade.

The worst performers of the session were Jet Contractors (CSE:JET ), which fell 5.38% or 100.00 points to trade at 1,760.00 at the close. Ste de Travaux de Realisation d’Ouvrages et de Constuction Industielle SA (CSE:STR ) declined 4.38% or 1.97 points to end at 43.00 and Stokvis Nord Afrique (CSE:SNA ) was down 4.19% or 0.70 points to 16.00.

Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 34 to 13 and 4 ended unchanged.

Shares in CTM (CSE:CTM ) rose to 3-years highs; gaining 7.14% or 50.00 to 750.00.

Crude oil for February delivery was up 1.53% or 1.06 to $70.30 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 1.36% or 0.98 to hit $73.30 a barrel, while the February Gold Futures contract fell 0.05% or 1.29 to trade at $2,626.91 a troy ounce.

EUR/MAD was up 0.18% to 10.48, while USD/MAD unchanged 0.05% to 10.08.

The US Dollar Index Futures was up 0.07% at 107.88.

Source: Investing.com