Investing.com – Morocco stocks were lower after the close on Monday, as losses in the Holding Companies, Beverage and Utilities sectors led shares lower.
At the close in Casablanca, the Moroccan All Shares declined 0.29%.
The best performers of the session on the Moroccan All Shares were Timar (CS:TIM), which rose 6.00% or 22.20 points to trade at 392.20 at the close. Meanwhile, M2M Group (CS:M2M) added 6.00% or 18.60 points to end at 328.60 and Aluminum du Maroc SA (CS:ALU) was up 6.00% or 72 points to 1272 in late trade.
The worst performers of the session were Delta Holding S.A (CS:DHO), which fell 5.98% or 1.52 points to trade at 23.86 at the close. Brasseries Du Maroc (CS:SBM) declined 5.72% or 110 points to end at 1810 and Managem (CS:MNG) was down 5.51% or 36 points to 622.
Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 28 to 16 and 3 ended unchanged.
Shares in M2M Group (CS:M2M) rose to 3-years highs; gaining 6.00% or 18.60 to 328.60. Shares in Aluminum du Maroc SA (CS:ALU) rose to 52-week highs; rising 6.00% or 72 to 1272.
Crude oil for May delivery was down 0.48% or 0.19 to $39.27 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June fell 0.80% or 0.33 to hit $40.70 a barrel, while the June Gold contract fell 0.23% or 2.80 to trade at $1220.70 a troy ounce.
EUR/MAD was unchanged 0.00% to 10.8940, while USD/MAD fell 0.21% to 9.7250.
The US Dollar Index was down 0.20% at 95.98.