Investing.com – Morocco equities were lower at the close on Tuesday, as losses in the Chemicals, Insurance and Telecoms sectors propelled shares lower.
At the close in Casablanca, the Moroccan All Shares declined 0.44% to hit a new 3-month low.
The biggest gainers of the session on the Moroccan All Shares were Microdata (CS:MIC), which rose 5.59% or 7.90 points to trade at 149.00 at the close. Auto Hall (CS:AUTO) added 3.98% or 3.55 points to end at 92.65 and Cartier Saada (CS:CRS) was up 2.70% or 0.50 points to 19.00 in late trade.
Biggest losers included Alliances (CS:ADI), which lost 5.68% or 6 points to trade at 95 in late trade. Snep (CS:SNP) declined 4.82% or 6.50 points to end at 128.20 and Sonasid (CS:SOND) shed 4.12% or 33 points to 767.
Declining stocks outnumbered rising ones by 21 to 13 and 3 ended unchanged on the Casablanca Stock Exchange.
In commodities trading, Crude oil for July delivery was down 2.70% or 1.61 to $58.11 a barrel. Meanwhile, Brent oil for delivery in July fell 2.95% or 1.94 to hit $63.59 a barrel, while the August Gold contract fell 1.44% or 17.40 to trade at $1187.50 a troy ounce.
EUR/MAD was down 0.24% to 10.7370, while USD/MAD rose 0.54% to 9.8745.
The US Dollar Index was up 0.97% at 97.39.