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Morocco shares lower at close of trade; Moroccan All Shares down 0.05%

Published 23/07/2024, 16:10
© Reuters.  Morocco shares lower at close of trade; Moroccan All Shares down 0.05%
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Investing.com – Morocco equities were lower at the close on Tuesday, as losses in the Transport, Utilities and Hotels, Restaurants & Leisure sectors propelled shares lower.

At the close in Casablanca, the Moroccan All Shares lost 0.05%.

The biggest gainers of the session on the Moroccan All Shares were Realis. Mecaniques (CSE:SRM), which rose 9.98% or 13.15 points to trade at 144.95 at the close. Total Maroc SA (CSE:TMA) added 6.85% or 91.00 points to end at 1,420.00 and Sanlam Maroc SA (CSE:SAH) was up 5.88% or 108.00 points to 1,944.00 in late trade.

Biggest losers included Cartier Saada (CSE:CRS), which lost 4.43% or 1.39 points to trade at 30.00 in late trade. Auto Hall (CSE:ATH) declined 3.11% or 2.20 points to end at 68.50 and Afric Industries Sa (CSE:AFI) shed 2.95% or 9.30 points to 305.70.

Advancing stocks outnumbered falling ones by 26 to 25 and 9 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for September delivery was down 1.96% or 1.54 to $76.86 a barrel. Meanwhile, Brent oil for delivery in September fell 1.69% or 1.39 to hit $81.01 a barrel, while the August Gold Futures contract rose 0.45% or 10.70 to trade at $2,405.40 a troy ounce.

EUR/MAD was up 0.06% to 10.70, while USD/MAD unchanged 0.03% to 9.85.

The US Dollar Index Futures was up 0.18% at 104.23.

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