Investing.com – Morocco equities were higher at the close on Tuesday, as gains in the Mining, Forestry & Paper and Banking sectors propelled shares higher.
At the close in Casablanca, the Moroccan All Shares rose 1.08% to hit a new 1-month high.
The biggest gainers of the session on the Moroccan All Shares were Miniere Touissit (CS:CMT), which rose 8.12% or 89 points to trade at 1185 at the close. Managem (CS:MNG) added 5.99% or 47 points to end at 826 and Med Paper (CS:PAP) was up 5.62% or 0.85 points to 15.97 in late trade.
Biggest losers included CDM (CS:CDM), which lost 5.99% or 28 points to trade at 432 in late trade. AFMA SA (CS:AFM) declined 5.97% or 44 points to end at 691 and S2M (CS:S2M) shed 5.18% or 11.00 points to 201.00.
Declining stocks outnumbered rising ones by 22 to 21 and 6 ended unchanged on the Casablanca Stock Exchange.
In commodities trading, Crude oil for September delivery was down 1.02% or 0.44 to $42.69 a barrel. Meanwhile, Brent oil for delivery in October rose 0.02% or 0.01 to hit $44.92 a barrel, while the December Gold contract rose 0.04% or 0.50 to trade at $1327.70 a troy ounce.
EUR/MAD was down 0.03% to 10.8370, while USD/MAD fell 0.01% to 9.8661.
The US Dollar Index was down 0.11% at 97.17.