Morocco stocks lower at close of trade; Moroccan All Shares down 0.17%

Investing.com – Morocco stocks were lower after the close on Monday, as losses in the Forestry & Paper , Pharmaceutical Industry and Utilities sectors led shares lower.

At the close in Casablanca, the Moroccan All Shares lost 0.17%.

The best performers of the session on the Moroccan All Shares were S2M (CSE:S2M ), which rose 4.32% or 10.00 points to trade at 241.25 at the close. Meanwhile, Rebab Company (CSE:REB ) added 4.18% or 2.80 points to end at 69.80 and Cartier Saada (CSE:CRS ) was up 2.80% or 0.83 points to 30.46 in late trade.

The worst performers of the session were Realis. Mecaniques (CSE:SRM ), which fell 9.99% or 60.90 points to trade at 548.50 at the close. Maghrebail (CSE:MAB ) declined 5.97% or 57.30 points to end at 902.50 and Stokvis Nord Afrique (CSE:SNA ) was down 5.50% or 0.99 points to 17.01.

Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 27 to 25 and 7 ended unchanged.

Shares in S2M (CSE:S2M ) rose to 3-years highs; rising 4.32% or 10.00 to 241.25.

Crude oil for October delivery was up 3.13% or 2.34 to $77.17 a barrel. Elsewhere in commodities trading, Brent oil for delivery in November rose 2.53% or 1.98 to hit $80.13 a barrel, while the December Gold Futures contract rose 0.12% or 3.05 to trade at $2,549.35 a troy ounce.

EUR/MAD was up 0.29% to 10.76, while USD/MAD rose 0.82% to 9.65.

The US Dollar Index Futures was up 0.08% at 100.68.

Source: Investing.com