Investing.com – Morocco stocks were lower after the close on Tuesday, as losses in the Electrical & Electronic equipment, Holding Companies and Utilities sectors led shares lower.
At the close in Casablanca, the Moroccan All Shares fell 1.20% to hit a new 52-week low.
The best performers of the session on the Moroccan All Shares were Disway (CS:DWAY), which rose 3.65% or 6.70 points to trade at 190.00 at the close. Meanwhile, CTM (CS:CTM) added 2.47% or 11.00 points to end at 455.00 and Managem (CS:MNG) was up 2.46% or 20 points to 830 in late trade.
The worst performers of the session were Hps (CS:HPS), which fell 6.00% or 28.50 points to trade at 475.00 at the close. Micro Data SA (CS:MIC) declined 5.98% or 7.00 points to end at 110.00 and Nexans Maroc (CS:NEX) was down 5.97% or 8.60 points to 135.30.
Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 29 to 8 and 5 ended unchanged.
Shares in Micro Data SA (CS:MIC) fell to 52-week lows; down 5.98% or 7.00 to 110.00. Shares in Nexans Maroc (CS:NEX) fell to 52-week lows; falling 5.97% or 8.60 to 135.30.
Crude oil for October delivery was down 7.87% or 3.87 to $45.33 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October fell 8.71% or 4.71 to hit $49.44 a barrel, while the December Gold contract rose 0.63% or 7.10 to trade at $1139.60 a troy ounce.
EUR/MAD was up 0.30% to 10.9200, while USD/MAD fell 0.45% to 9.6655.
The US Dollar Index was down 0.53% at 95.45.