Investing.com – Morocco equities were lower at the close on Monday, as losses in the Holding Companies, Beverage and Utilities sectors propelled shares lower.
At the close in Casablanca, the Moroccan All Shares declined 0.29%.
The biggest gainers of the session on the Moroccan All Shares were Timar (CS:TIM), which rose 6.00% or 22.20 points to trade at 392.20 at the close. M2M Group (CS:M2M) added 6.00% or 18.60 points to end at 328.60 and Aluminum mar 1l (CS:ALU) was up 6.00% or 72 points to 1272 in late trade.
Biggest losers included Delta Holding S.A (CS:DHO), which lost 5.98% or 1.52 points to trade at 23.86 in late trade. Brasseries Du Maroc (CS:SBM) declined 5.72% or 110 points to end at 1810 and Managem (CS:MNG) shed 5.51% or 36 points to 622.
Declining stocks outnumbered rising ones by 28 to 16 and 3 ended unchanged on the Casablanca Stock Exchange.
In commodities trading, Crude oil for May delivery was down 0.48% or 0.19 to $39.27 a barrel. Meanwhile, Brent oil for delivery in June fell 0.80% or 0.33 to hit $40.70 a barrel, while the June Gold contract fell 0.23% or 2.80 to trade at $1220.70 a troy ounce.
EUR/MAD was unchanged 0.00% to 10.8940, while USD/MAD fell 0.21% to 9.7250.
The US Dollar Index was down 0.20% at 95.98.