Investing.com – Morocco equities were lower at the close on Monday, as losses in the Oil & Gas, Utilities and Insurance sectors propelled shares lower.
At the close in Casablanca, the Moroccan All Shares fell 0.67%.
The biggest gainers of the session on the Moroccan All Shares were Stroc Industrie (CS:STR), which rose 4.95% or 2.50 points to trade at 53.00 at the close. SMI (CS:SMI) added 4.08% or 98 points to end at 2498 and Managem (CS:MNG) was up 3.30% or 27 points to 842 in late trade.
Biggest losers included Promopharm S.A. (CS:PRO), which lost 5.65% or 75 points to trade at 1251 in late trade. Taqa Morocco SA (CS:TQM) declined 4.65% or 32.00 points to end at 656.00 and Afriquia Gaz (CS:AGAZ1) shed 4.51% or 91 points to 1925.
Declining stocks outnumbered rising ones by 22 to 10 and 8 ended unchanged on the Casablanca Stock Exchange.
In commodities trading, Crude oil for June delivery was down 2.50% or 1.15 to $44.77 a barrel. Meanwhile, Brent oil for delivery in July fell 3.02% or 1.43 to hit $45.94 a barrel, while the June Gold contract rose 0.48% or 6.15 to trade at $1296.65 a troy ounce.
EUR/MAD was up 0.23% to 11.0120, while USD/MAD fell 0.51% to 9.5422.
The US Dollar Index was down 0.51% at 92.55.