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Morocco shares lower at close of trade; Moroccan All Shares down 0.97%

Published 08/10/2024, 16:10
© Reuters.  Morocco shares lower at close of trade; Moroccan All Shares down 0.97%
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Investing.com – Morocco equities were lower at the close on Tuesday, as losses in the Real Estate, Utilities and Construction & Building Materials sectors propelled shares lower.

At the close in Casablanca, the Moroccan All Shares fell 0.97%.

The biggest gainers of the session on the Moroccan All Shares were Marocaine Ste de Therapeutique SA (CSE:SOT), which rose 3.78% or 35.00 points to trade at 960.00 at the close. Aradei Capital SA (CSE:ARD) added 2.56% or 13.00 points to end at 520.00 and Realis. Mecaniques (CSE:SRM) was up 1.90% or 8.45 points to 452.45 in late trade.

Biggest losers included Ste de Travaux de Realisation d’Ouvrages et de Constuction Industielle SA (CSE:STR), which lost 5.14% or 2.98 points to trade at 55.00 in late trade. Jet Contractors (CSE:JET) declined 4.56% or 55.00 points to end at 1,150.00 and S2M (CSE:S2M) shed 4.55% or 10.00 points to 210.00.

Declining stocks outnumbered rising ones by 35 to 11 and 6 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for November delivery was down 4.32% or 3.33 to $73.81 a barrel. Meanwhile, Brent oil for delivery in December fell 4.28% or 3.46 to hit $77.47 a barrel, while the December Gold Futures contract fell 1.21% or 32.20 to trade at $2,633.80 a troy ounce.

EUR/MAD was down 0.05% to 10.77, while USD/MAD fell 0.17% to 9.81.

The US Dollar Index Futures was up 0.04% at 102.35.

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