Morocco stocks lower at close of trade; Moroccan All Shares down 0.33%

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

At the close in Casablanca, the Moroccan All Shares fell 0.33%.

The best performers of the session on the Moroccan All Shares were Stokvis Nord Afrique (CSE:SNA), which rose 8.11% or 1.38 points to trade at 18.40 at the close. Meanwhile, S2M (CSE:S2M) added 6.06% or 18.80 points to end at 328.80 and SMI (CSE:SMI) was up 5.34% or 110.00 points to 2,168.00 in late trade.

The worst performers of the session were Realis. Mecaniques (CSE:SRM), which fell 4.27% or 20.05 points to trade at 449.95 at the close. Ennakl Automobiles (CSE:NKL) declined 4.07% or 1.40 points to end at 33.00 and Fenie Brossette (CSE:FBR) was down 3.70% or 5.00 points to 130.00.

Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 28 to 24 and 4 ended unchanged.

Shares in Stokvis Nord Afrique (CSE:SNA) rose to 52-week highs; up 8.11% or 1.38 to 18.40. Shares in S2M (CSE:S2M) rose to 5-year highs; up 6.06% or 18.80 to 328.80.

Crude oil for March delivery was down 1.67% or 1.29 to $76.10 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March fell 1.34% or 1.08 to hit $79.71 a barrel, while the February Gold Futures contract fell 0.79% or 21.59 to trade at $2,727.11 a troy ounce.

EUR/MAD was down 0.09% to 10.34, while USD/MAD fell 0.23% to 10.02.

The US Dollar Index Futures was down 1.21% at 107.88.