Investing.com – Morocco equities were lower at the close on Monday, as losses in the Food Producers & Processors, Real Estate and Telecoms sectors propelled shares lower.
At the close in Casablanca, the Moroccan All Shares lost 0.55%.
The biggest gainers of the session on the Moroccan All Shares were Snep (CS:SNP), which rose 9.97% or 11.00 points to trade at 121.30 at the close. Miniere Touissit (CS:CMT) added 8.18% or 90 points to end at 1190 and Cartier Saada (CS:CRS) was up 5.99% or 1.17 points to 20.69 in late trade.
Biggest losers included Sonasid (CS:SOND), which lost 4.39% or 14 points to trade at 300 in late trade. IB Maroc Com SA (CS:IBC) declined 2.97% or 2.94 points to end at 96.05 and Involys (CS:INV) shed 2.55% or 2.50 points to 95.50.
Declining stocks outnumbered rising ones by 20 to 19 and 7 ended unchanged on the Casablanca Stock Exchange.
In commodities trading, Crude oil for January delivery was up 3.80% or 1.76 to $48.12 a barrel. Meanwhile, Brent oil for delivery in January rose 3.82% or 1.79 to hit $48.65 a barrel, while the December Gold contract rose 0.29% or 3.45 to trade at $1212.15 a troy ounce.
EUR/MAD was down 0.22% to 10.6670, while USD/MAD fell 0.16% to 10.0730.
The US Dollar Index was down 0.27% at 101.14.