Investing.com – Morocco equities were lower at the close on Tuesday, as losses in the Insurance, Beverage and Real Estate sectors propelled shares lower.
At the close in Casablanca, the Moroccan All Shares lost 1.80% to hit a new 52-week low.
The biggest gainers of the session on the Moroccan All Shares were CIH (CS:CIH), which rose 7.97% or 22.80 points to trade at 309.00 at the close. Afric Industries Sa (CS:AFIND) added 5.90% or 16.00 points to end at 287.00 and Taqa Morocco SA (CS:TQM) was up 5.35% or 46.90 points to 923.00 in late trade.
Biggest losers included Alliances (CS:ADI), which lost 9.96% or 12 points to trade at 109 in late trade. Wafa Assurance (CS:WASS) declined 8.55% or 398 points to end at 4256 and Brasseries Du Maroc (CS:SBM) shed 5.80% or 167 points to 2710.
Declining stocks outnumbered rising ones by 28 to 11 and 3 ended unchanged on the Casablanca Stock Exchange.
In commodities trading, Crude oil for August delivery was down 0.18% or 0.13 to $73.81 a barrel. Meanwhile, Brent oil for delivery in September unchanged 0.00% or 0.00 to hit $77.30 a barrel, while the August Gold Futures contract rose 1.10% or 13.70 to trade at $1255.40 a troy ounce.
EUR/MAD was up 0.01% to 11.0570, while USD/MAD fell 0.03% to 9.4968.
The US Dollar Index Futures was down 0.23% at 94.38.