Investing.com – Morocco stocks were lower after the close on Tuesday, as losses in the Hotels, Restaurants & Leisure, Electrical & Electronic equipment and Construction & Building Materials sectors led shares lower.
At the close in Casablanca, the Moroccan All Shares declined 0.78% to hit a new 52-week low.
The best performers of the session on the Moroccan All Shares were Ennakl (CS:NAKL), which rose 4.20% or 1.59 points to trade at 39.40 at the close. Meanwhile, Stroc Industrie (CS:STR) added 3.98% or 1.61 points to end at 42.00 and Jet Contractors (CS:JET) was up 3.82% or 6.45 points to 175.00 in late trade.
The worst performers of the session were Timar (CS:TIM), which fell 5.99% or 22.95 points to trade at 360.05 at the close. Alliances (CS:ADI) declined 5.97% or 2 points to end at 37 and Risma (CS:RIS) was down 5.83% or 7.00 points to 113.00.
Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 25 to 14 and 3 ended unchanged.
Shares in Risma (CS:RIS) fell to 52-week lows; falling 5.83% or 7.00 to 113.00.
Crude oil for January delivery was up 2.51% or 0.91 to $37.22 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February rose 1.94% or 0.74 to hit $38.90 a barrel, while the February Gold contract fell 0.29% or 3.10 to trade at $1060.30 a troy ounce.
EUR/MAD was down 0.30% to 10.7820, while USD/MAD rose 0.40% to 9.8790.
The US Dollar Index was up 0.58% at 98.30.