Investing.com – Morocco stocks were lower after the close on Tuesday, as losses in the Chemicals, Forestry & Paper and Hotels, Restaurants & Leisure sectors led shares lower.
At the close in Casablanca, the Moroccan All Shares fell 0.51% to hit a new 1-month low.
The best performers of the session on the Moroccan All Shares were Rebab Company (CS:REBA), which rose 5.98% or 5.77 points to trade at 102.25 at the close. Meanwhile, Afric Industries Sa (CS:AFIND) added 5.00% or 15.00 points to end at 315.00 and Maroc Leasing (CS:MLE) was up 4.97% or 18.00 points to 380.00 in late trade.
The worst performers of the session were Alliances (CS:ADI), which fell 10.00% or 12 points to trade at 111 at the close. Snep (CS:SNP) declined 9.96% or 14.95 points to end at 135.00 and Med Paper (CS:PAP) was down 5.96% or 1.12 points to 17.67.
Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 28 to 15 and 5 ended unchanged.
Shares in Alliances (CS:ADI) fell to all time lows; losing 10.00% or 12 to 111. Shares in Snep (CS:SNP) fell to all time lows; losing 9.96% or 14.95 to 135.00. Shares in Maroc Leasing (CS:MLE) rose to 52-week highs; gaining 4.97% or 18.00 to 380.00.
Crude oil for May delivery was down 1.46% or 0.71 to $47.97 a barrel. Elsewhere in commodities trading, Brent oil for delivery in May fell 1.57% or 0.89 to hit $55.41 a barrel, while the June Gold contract rose 0.10% or 1.20 to trade at $1186.50 a troy ounce.
EUR/MAD was down 0.23% to 10.6870, while USD/MAD rose 0.67% to 9.9652.
The US Dollar Index was up 0.46% at 98.75.