Investing.com – Morocco stocks were lower after the close on Tuesday, as losses in the Utilities, Insurance and Holding Companies sectors led shares lower.
At the close in Casablanca, the Moroccan All Shares lost 1.04%.
The best performers of the session on the Moroccan All Shares were Med Paper (CS:PAP), which rose 9.95% or 2.16 points to trade at 23.86 at the close. Meanwhile, Dari Couspate SA (CS:DRI) added 5.92% or 155 points to end at 2775 and Fenie Brossette (CS:FBR) was up 4.32% or 3.97 points to 95.97 in late trade.
The worst performers of the session were Lydec (CS:LYD), which fell 9.98% or 60.00 points to trade at 541.00 at the close. AFMA SA (CS:AFM) declined 6.87% or 59 points to end at 800 and Taslif (CS:TSF1) was down 5.97% or 1.90 points to 29.90.
Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 33 to 11 and 11 ended unchanged.
Shares in Med Paper (CS:PAP) rose to 52-week highs; up 9.95% or 2.16 to 23.86. Shares in Dari Couspate SA (CS:DRI) rose to all time highs; gaining 5.92% or 155 to 2775. Shares in Taslif (CS:TSF1) fell to 3-years lows; falling 5.97% or 1.90 to 29.90.
Crude oil for February delivery was up 1.58% or 0.84 to $53.86 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 1.43% or 0.80 to hit $56.70 a barrel, while the February Gold contract rose 0.37% or 4.25 to trade at $1137.85 a troy ounce.
EUR/MAD was down 0.22% to 10.6260, while USD/MAD fell 0.20% to 10.1610.
The US Dollar Index was up 0.08% at 103.03.