Morocco stocks lower at close of trade; Moroccan All Shares down 0.38%

Investing.com – Morocco stocks were lower after the close on Tuesday, as losses in the Forestry&Paper, Utilities and Construction&Building Materials sectors led shares lower.

At the close in Casablanca, the Moroccan All Shares lost 0.38%.

The best performers of the session on the Moroccan All Shares were Cartier Saada (CSE:CRS), which rose 9.98% or 3.04 points to trade at 33.50 at the close. Meanwhile, Ste de Travaux de Realisation d’Ouvrages et de Constuction Industielle SA (CSE:STR) added 6.58% or 3.89 points to end at 62.99 and Hps (CSE:HPS) was up 5.85% or 31.00 points to 561.00 in late trade.

The worst performers of the session were Sanlam Maroc SA (CSE:SAH), which fell 5.89% or 119.00 points to trade at 1,900.00 at the close. Agma Lahlou-Tazi (CSE:AGM) declined 5.42% or 367.00 points to end at 6,400.00 and Involys (CSE:INV) was down 4.29% or 4.80 points to 107.20.

Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 32 to 19 and 7 ended unchanged.

Shares in Ste de Travaux de Realisation d’Ouvrages et de Constuction Industielle SA (CSE:STR) rose to 52-week highs; gaining 6.58% or 3.89 to 62.99.

Crude oil for October delivery was down 1.47% or 1.14 to $76.28 a barrel. Elsewhere in commodities trading, Brent oil for delivery in November fell 1.34% or 1.08 to hit $79.28 a barrel, while the December Gold Futures contract fell 0.16% or 4.05 to trade at $2,551.15 a troy ounce.

EUR/MAD was up 0.09% to 10.77, while USD/MAD fell 0.07% to 9.64.

The US Dollar Index Futures was down 0.13% at 100.61.