Investing.com – Morocco stocks were lower after the close on Tuesday, as losses in the Hotels, Restaurants & Leisure, Banking and Electrical & Electronic equipment sectors led shares lower.
At the close in Casablanca, the Moroccan All Shares declined 1.21% to hit a new 52-week low.
The best performers of the session on the Moroccan All Shares were Managem (CS:MNG), which rose 5.90% or 46 points to trade at 818 at the close. Meanwhile, Med Paper (CS:PAP) added 5.74% or 1.14 points to end at 20.98 and Alliances (CS:ADI) was up 4.92% or 3 points to 55 in late trade.
The worst performers of the session were Risma (CS:RIS), which fell 5.98% or 10.95 points to trade at 172.05 at the close. Residences Dar Saada SA (CS:RDS) declined 5.97% or 10.15 points to end at 159.75 and Sonasid (CS:SOND) was down 5.93% or 43 points to 678.
Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 22 to 15 and 6 ended unchanged.
Shares in Risma (CS:RIS) fell to 52-week lows; falling 5.98% or 10.95 to 172.05. Shares in Residences Dar Saada SA (CS:RDS) fell to all time lows; falling 5.97% or 10.15 to 159.75.
Crude oil for October delivery was up 3.29% or 1.26 to $39.50 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October rose 1.72% or 0.73 to hit $43.42 a barrel, while the December Gold contract fell 1.53% or 17.60 to trade at $1136.00 a troy ounce.
EUR/MAD was down 0.60% to 10.9670, while USD/MAD rose 1.15% to 9.6067.
The US Dollar Index was up 1.35% at 94.64.