Investing.com – Morocco stocks were lower after the close on Monday, as losses in the Food Producers & Processors, Real Estate and Telecoms sectors led shares lower.
At the close in Casablanca, the Moroccan All Shares fell 0.55%.
The best performers of the session on the Moroccan All Shares were Snep (CS:SNP), which rose 9.97% or 11.00 points to trade at 121.30 at the close. Meanwhile, Miniere Touissit (CS:CMT) added 8.18% or 90 points to end at 1190 and Cartier Saada (CS:CRS) was up 5.99% or 1.17 points to 20.69 in late trade.
The worst performers of the session were Sonasid (CS:SOND), which fell 4.39% or 14 points to trade at 300 at the close. IB Maroc Com SA (CS:IBC) declined 2.97% or 2.94 points to end at 96.05 and Involys (CS:INV) was down 2.55% or 2.50 points to 95.50.
Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 20 to 19 and 7 ended unchanged.
Shares in Snep (CS:SNP) rose to 52-week highs; gaining 9.97% or 11.00 to 121.30.
Crude oil for January delivery was up 3.80% or 1.76 to $48.12 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January rose 3.78% or 1.77 to hit $48.63 a barrel, while the December Gold contract rose 0.29% or 3.45 to trade at $1212.15 a troy ounce.
EUR/MAD was down 0.22% to 10.6670, while USD/MAD fell 0.16% to 10.0730.
The US Dollar Index was down 0.27% at 101.14.