Investing.com – Morocco stocks were lower after the close on Tuesday, as losses in the Insurance, Beverage and Real Estate sectors led shares lower.
At the close in Casablanca, the Moroccan All Shares declined 1.80% to hit a new 52-week low.
The best performers of the session on the Moroccan All Shares were CIH (CS:CIH), which rose 7.97% or 22.80 points to trade at 309.00 at the close. Meanwhile, Afric Industries Sa (CS:AFIND) added 5.90% or 16.00 points to end at 287.00 and Taqa Morocco SA (CS:TQM) was up 5.35% or 46.90 points to 923.00 in late trade.
The worst performers of the session were Alliances (CS:ADI), which fell 9.96% or 12 points to trade at 109 at the close. Wafa Assurance (CS:WASS) declined 8.55% or 398 points to end at 4256 and Brasseries Du Maroc (CS:SBM) was down 5.80% or 167 points to 2710.
Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 28 to 11 and 3 ended unchanged.
Shares in Wafa Assurance (CS:WASS) fell to 52-week lows; losing 8.55% or 398 to 4256.
Crude oil for August delivery was down 0.18% or 0.13 to $73.81 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September unchanged 0.00% or 0.00 to hit $77.30 a barrel, while the August Gold Futures contract rose 1.10% or 13.70 to trade at $1255.40 a troy ounce.
EUR/MAD was up 0.01% to 11.0570, while USD/MAD fell 0.03% to 9.4968.
The US Dollar Index Futures was down 0.23% at 94.38.