Investing.com – Morocco equities were lower at the close on Tuesday, as losses in the Real Estate, Pharmaceutical Industry and Oil & Gas sectors propelled shares lower.
At the close in Casablanca, the Moroccan All Shares fell 0.57% to hit a new 52-week low.
The biggest gainers of the session on the Moroccan All Shares were S2M (CS:S2M), which rose 4.47% or 8.50 points to trade at 198.50 at the close. Auto Nejma (CS:NEJ1) added 4.00% or 68 points to end at 1768 and Snep (CS:SNP) was up 3.82% or 3.90 points to 105.95 in late trade.
Biggest losers included Alliances (CS:ADI), which lost 9.94% or 4 points to trade at 33 in late trade. Colorado (CS:COL) declined 6.00% or 4.38 points to end at 68.62 and Stroc Industrie (CS:STR) shed 6.00% or 3.60 points to 56.40.
Declining stocks outnumbered rising ones by 24 to 13 and 2 ended unchanged on the Casablanca Stock Exchange.
In commodities trading, Crude oil for November delivery was up 4.50% or 2.08 to $48.34 a barrel. Meanwhile, Brent oil for delivery in November rose 5.09% or 2.50 to hit $51.76 a barrel, while the December Gold contract rose 0.88% or 10.00 to trade at $1147.60 a troy ounce.
EUR/MAD was up 0.27% to 10.9120, while USD/MAD fell 0.41% to 9.6884.
The US Dollar Index was down 0.62% at 95.62.