u003cpu003eu003cstrongu003eThe market maintained its upward momentum amid heavy trading and saw the SEMTRI and market capitalization surge to new heights. They progressed by 0.39% respectively during the week under review (16-23 December 2013).u003c/strongu003eu003c/pu003eu003cpu003eThe Total Return Index, SEMTRI, registered a new record high of 6,617.05 points on Monday, gaining 25.78 points for the week. Since the beginning of 2013, the SEMTRI has gained 1,252.76 points, achieving a growth of 23.35%. The All-share price index, SEMDEX, closed the trading day of Monday at 2,081.06 points, reaching its highest level for 2013. On a year-to-date basis, the SEMDEX has gained 349 points and grown by 20.15%. The SEM-7 index, which comprises the seven largest and most liquid stocks, closed at 405.30 points on Monday, registering a 20.17% growth since the start of 2013. At market close on Monday, market capitalisation reached its record level of Rs 211.44 billion, gaining 20.70% on a year-to-date basis.u003c/pu003eu003cpu003eThe week was characterised by heavy trading with a total turnover amounting to Rs 396.3 million. The most traded securities during the last five sessions were mainly: Rockcastle Global Real Estate Co. Ltd (ROCK), Mauritius Commercial Bank Ltd (MCB), State Bank of Mauritius Ltd (SBM), Promotion and Development Ltd and New Mauritius Hotels Ltd (NMHL). They were exchanged for a total value of Rs 196.1 million, Rs 78.1 million, Rs 44.2 million, Rs 19.4 million and Rs 11.7 million, respectively. The shares of ROCK, MCB, SBM, PAD and NMHL closed at USD 1.30, Rs 210.50, Rs 1.05, Rs 82.00 and Rs 88.00 on Monday 23 December 2013.u003c/pu003eu003cpu003eAn analysis of the evolution of the prices of listed stocks indicates that out of the 45 stocks figuring on the Official List, 17 moved up during the week, 18 remained stable and 10 went down. The best performing stocks for the week were: Go Life International PCC (+33.33%), Bramer Banking Corporation (+9.18%), Air Mauritius Ltd (+3.23%), POLICY (+2.86%) and Mauritius Commercial Bank Ltd (+2.18%). The worst performers were: CMPL Ltée (-10%), Sun Resorts Ltd (-6.98%), CIM Financial Services Ltd (-6.98%), New Mauritius Hotels Ltd (-2.22%) and MCFI Ltd (-2.04%).u003c/pu003eu003cpu003eThe following data highlights the ten best performing stocks in terms of total return since the beginning of 2013.u003c/pu003eu003ctable align=center border=1 cellpadding=
Heavy trading underpins a rising market
