u003cp align=left\u003eu003cstrongu003eThe local stock market was characterized by heavy trading during the week under review (17-24 November 2014). Shares worth Rs 821 million were exchanged in a market environment which saw the market indices ending the week on a negative note: -0.28% for the SEMDEX and the SEMTRI.u003c/strongu003eu003c/pu003eu003cpu003eThe Total Return Index, SEMTRI, lost 19.65 points during the week, closing the session of Monday 24u003csupu003ethu003c/supu003e November 2014 at 6,801.43 points. The All share index, SEMDEX, ended the same session at 2,094.44 points against 2,100.37 points a week earlier. The SEM-10 index, which comprises the ten largest and most liquid stocks, finished at 395.96 points. The market capitalisation stood Rs 230.35 billion at market close on Monday.u003c/pu003eu003cpu003eThe top five trading securities were: LUX* Island Resorts Ltd-Bond, MCB Group Limited (MCBG), New Mauritius Hotels Ltd (NMHL), United Basalt Products Ltd (UBP) and SBM Holdings Ltd (SBMH). They were exchanged for a total value of Rs 382.0 million, Rs 161.5 million, Rs 129.2 million, Rs 36.6 million and Rs 28.8 million. The shares of LUX* Bond, MCBG, NMHL, UBP and SBMH closed at Rs 11.40, Rs 202.75, Rs 87.00, Rs 73.50 and Rs 1.04 on 24u003csupu003ethu003c/supu003e November 2014.u003c/pu003eu003cpu003eAn analysis of the evolution of the prices of listed stocks indicates that out of the 49 stocks figuring on the Official List, 8 moved up during the week, 21 remained stable and 20 went down. The best performing stocks for the week were: Bramer Banking Corporation Ltd (+2.12%), eRAFITM Securities (+2.02%), National Investment Trust Ltd (+1%), Fincorp Investment Ltd (+0.93) and Swan Insurance Co. Ltd (+0.92%). The worst performers were: Belle Mare Holding Ltd (-6.92%), United Basalt Products Ltd (-5.77%), NewGold Securities Ltd (-5.52%), Compagnie des Magasins Populaires Ltée (-5%) and Air Mauritius Ltd (-4.69%).u003c/pu003eu003cpu003eThe following data highlights the ten best performing stocks in terms of total return since the beginning of 2014.u003c/pu003eu003ctable align=center border=
Local Market witnesses heavy trading
