Investing.com – Morocco equities were lower at the close on Monday, as losses in the Forestry & Paper, Mining and Real Estate sectors propelled shares lower.
At the close in Casablanca, the Moroccan All Shares declined 0.26%.
The biggest gainers of the session on the Moroccan All Shares were SMI (CS:SMI), which rose 5.99% or 134 points to trade at 2370 at the close. Nexans Maroc (CS:NEX) added 5.99% or 7.85 points to end at 138.85 and BMCI (CS:BMCI) was up 3.92% or 20 points to 530 in late trade.
Biggest losers included Managem (CS:MNG), which lost 9.69% or 65 points to trade at 608 in late trade. Sonasid (CS:SOND) declined 7.68% or 31 points to end at 375 and Med Paper (CS:PAP) shed 6.00% or 0.93 points to 14.57.
Declining stocks outnumbered rising ones by 20 to 12 and 10 ended unchanged on the Casablanca Stock Exchange.
In commodities trading, Crude oil for April delivery was up 5.86% or 1.86 to $33.61 a barrel. Meanwhile, Brent oil for delivery in April rose 5.36% or 1.77 to hit $34.78 a barrel, while the April Gold contract fell 1.66% or 20.40 to trade at $1210.40 a troy ounce.
EUR/MAD was down 0.42% to 10.8240, while USD/MAD rose 0.47% to 9.8113.
The US Dollar Index was up 0.86% at 97.45.