Morocco stocks lower at close of trade; Moroccan All Shares down 0.07%

Investing.com – Morocco stocks were lower after the close on Monday, as losses in the Transport , Hotels, Restaurants & Leisure and Forestry & Paper sectors led shares lower.

At the close in Casablanca, the Moroccan All Shares fell 0.07%.

The best performers of the session on the Moroccan All Shares were Marocaine pour le Commerce et l’Industrie Banque SA (CSE:BCI ), which rose 7.72% or 43.00 points to trade at 600.00 at the close. Meanwhile, Taqa Morocco SA (CSE:TQM ) added 5.37% or 80.00 points to end at 1,570.00 and Compagnie Sucrerie Marocaine et de Raffinage SA (CSE:CSR ) was up 4.23% or 8.00 points to 197.00 in late trade.

The worst performers of the session were Realis. Mecaniques (CSE:SRM ), which fell 7.52% or 34.95 points to trade at 430.00 at the close. S2M (CSE:S2M ) declined 4.76% or 11.00 points to end at 220.00 and Afric Industries Sa (CSE:AFI ) was down 3.39% or 10.70 points to 305.00.

Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 29 to 15 and 10 ended unchanged.

Shares in Taqa Morocco SA (CSE:TQM ) rose to all time highs; up 5.37% or 80.00 to 1,570.00.

Crude oil for November delivery was up 2.41% or 1.79 to $76.17 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December rose 2.25% or 1.76 to hit $79.81 a barrel, while the December Gold Futures contract fell 0.26% or 6.90 to trade at $2,660.90 a troy ounce.

EUR/MAD was down 0.11% to 10.77, while USD/MAD unchanged 0.01% to 9.82.

The US Dollar Index Futures was down 0.02% at 102.26.

Source: Investing.com