Investing.com – Morocco stocks were lower after the close on Monday, as losses in the Real Estate, Forestry & Paper and Chemicals sectors led shares lower.
At the close in Casablanca, the Moroccan All Shares fell 0.62% to hit a new 1-month low.
The best performers of the session on the Moroccan All Shares were Nexans Maroc (CS:NEX), which rose 4.45% or 5.75 points to trade at 135.00 at the close. Meanwhile, Residences Dar Saada SA (CS:RDS) added 2.92% or 3.45 points to end at 121.45 and Risma (CS:RIS) was up 2.44% or 3.65 points to 153.45 in late trade.
The worst performers of the session were Douja Prom Addoha (CS:ADH), which fell 9.99% or 3.07 points to trade at 27.67 at the close. Med Paper (CS:PAP) declined 6.77% or 1.96 points to end at 27.01 and Alliances (CS:ADI) was down 6.11% or 12 points to 191.
Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 24 to 14 and 9 ended unchanged.
Shares in Douja Prom Addoha (CS:ADH) fell to 52-week lows; falling 9.99% or 3.07 to 27.67.
Crude oil for May delivery was down 2.56% or 1.66 to $63.28 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June fell 1.96% or 1.36 to hit $67.98 a barrel, while the June Gold Futures contract rose 1.24% or 16.40 to trade at $1343.70 a troy ounce.
EUR/MAD was unchanged 0.00% to 11.3270, while USD/MAD rose 0.05% to 9.2122.
The US Dollar Index Futures was up 0.02% at 89.77.