Investing.com – Morocco equities were lower at the close on Monday, as losses in the Real Estate, Forestry & Paper and Chemicals sectors propelled shares lower.
At the close in Casablanca, the Moroccan All Shares fell 0.62% to hit a new 1-month low.
The biggest gainers of the session on the Moroccan All Shares were Nexans Maroc (CS:NEX), which rose 4.45% or 5.75 points to trade at 135.00 at the close. Residences Dar Saada SA (CS:RDS) added 2.92% or 3.45 points to end at 121.45 and Risma (CS:RIS) was up 2.44% or 3.65 points to 153.45 in late trade.
Biggest losers included Douja Prom Addoha (CS:ADH), which lost 9.99% or 3.07 points to trade at 27.67 in late trade. Med Paper (CS:PAP) declined 6.77% or 1.96 points to end at 27.01 and Alliances (CS:ADI) shed 6.11% or 12 points to 191.
Declining stocks outnumbered rising ones by 24 to 14 and 9 ended unchanged on the Casablanca Stock Exchange.
In commodities trading, Crude oil for May delivery was down 2.53% or 1.64 to $63.30 a barrel. Meanwhile, Brent oil for delivery in June fell 1.93% or 1.34 to hit $68.00 a barrel, while the June Gold Futures contract rose 1.24% or 16.40 to trade at $1343.70 a troy ounce.
EUR/MAD was unchanged 0.00% to 11.3270, while USD/MAD rose 0.05% to 9.2122.
The US Dollar Index Futures was up 0.01% at 89.76.