Investing.com – Morocco equities were higher at the close on Tuesday, as gains in the Forestry & Paper, Electrical & Electronic equipment and Construction & Building Materials sectors propelled shares higher.
At the close in Casablanca, the Moroccan All Shares rose 0.49%.
The biggest gainers of the session on the Moroccan All Shares were Realis. Mecaniques (CS:SRM), which rose 6.00% or 14.40 points to trade at 254.40 at the close. Lafarge Ciments (CS:LAC) added 5.02% or 88 points to end at 1840 and Med Paper (CS:PAP) was up 4.67% or 0.78 points to 17.48 in late trade.
Biggest losers included Cartier Saada (CS:CRS), which lost 6.00% or 1.20 points to trade at 18.80 in late trade. Delattre Levivier Maroc (CS:DLM) declined 6.00% or 11.40 points to end at 178.60 and Rebab Company (CS:REBA) shed 5.90% or 7.80 points to 124.20.
Declining stocks outnumbered rising ones by 18 to 15 and 3 ended unchanged on the Casablanca Stock Exchange.
In commodities trading, Crude oil for August delivery was down 5.16% or 2.53 to $46.46 a barrel. Meanwhile, Brent oil for delivery in September fell 4.91% or 2.46 to hit $47.64 a barrel, while the August Gold contract rose 1.37% or 18.35 to trade at $1357.35 a troy ounce.
EUR/MAD was down 0.21% to 10.8630, while USD/MAD rose 0.36% to 9.7946.
The US Dollar Index was up 0.51% at 96.10.