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

Investing.com – Morocco stocks were lower after the close on Monday, as losses in the Utilities, Banking and Mining sectors led shares lower.

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

The best performers of the session on the Moroccan All Shares were Involys (CSE:INV), which rose 10.00% or 19.15 points to trade at 210.70 at the close. Meanwhile, Ste de Travaux de Realisation d’Ouvrages et de Constuction Industielle SA (CSE:STR) added 9.99% or 22.60 points to end at 248.75 and Fenie Brossette (CSE:FBR) was up 9.99% or 37.70 points to 414.95 in late trade.

The worst performers of the session were Maghreb Oxygene (CSE:MOX), which fell 9.49% or 42.50 points to trade at 405.50 at the close. Label Vie (CSE:LBV) declined 8.14% or 390.00 points to end at 4,400.00 and CTM (CSE:CTM) was down 5.15% or 50.90 points to 938.10.

Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 33 to 25 and 2 ended unchanged.

Shares in Involys (CSE:INV) rose to 5-year highs; gaining 10.00% or 19.15 to 210.70. Shares in Ste de Travaux de Realisation d’Ouvrages et de Constuction Industielle SA (CSE:STR) rose to 5-year highs; rising 9.99% or 22.60 to 248.75. Shares in Fenie Brossette (CSE:FBR) rose to 5-year highs; gaining 9.99% or 37.70 to 414.95.

Crude oil for August delivery was down 1.10% or 0.72 to $64.80 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September fell 0.63% or 0.42 to hit $66.38 a barrel, while the August Gold Futures contract rose 0.36% or 11.80 to trade at $3,299.40 a troy ounce.

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EUR/MAD was down 0.15% to 10.57, while USD/MAD fell 0.22% to 9.01.

The US Dollar Index Futures was down 0.33% at 96.71.

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