u003cpu003eu003cstrongu003eThe local stock market was characterized by heavy trading during the week. A total of 31.5 million shares were exchanged for a total value of Rs 404.4 million, which saw the indices lose ground during the week.u003c/strongu003eu003c/pu003eu003cpu003eThe SEMDEX and the SEMTRI dropped -0.7% and 0.66% respectively at the end of the days under review (11-18 April 2016). The All-share index, SEMDEX, closed the session of Monday 18 April 2016 at 1,778.05 points against 1,790.54 points a week earlier. The Total Return Index, SEMTRI, closed the same session at 6,029.98 points. The SEM-10 index, which comprises the ten largest and most liquid stocks, closed at 340.99 points. The market capitalisation stood Rs 201.11 billion at market close on Monday.u003c/pu003eu003cpu003eThe top five traded securities were: Bayport Management Ltd (BML), Promotion and Development Ltd (PAD), MCB Group Limited (MCBG), Lux Island Resorts Ltd (LUX) and SBM Holdings Ltd (SBMH). They were exchanged for a total value of Rs 235.4 million, Rs 32.4 million, Rs 30.6 million, Rs 19.6 million and Rs 16.7 million respectively. The shares of BML, PAD, MCBG, LUX and SBMH closed at USD 4.40, Rs 89.50, Rs 207.75, Rs 58.50 and Re 0.65.u003c/pu003eu003cpu003eAn analysis of the evolution of the prices of listed stocks indicates that out of the 59 stocks figuring on the Official List, 10 moved up during the week, 30 remained stable and 19 went down. The best performing stocks for the week were: Atlantic Leaf Properties Limited (+3.57%), National Investment Trust Ltd (+2.24%), Alteo Ltd (+1.85%), Omnicane Ltd (+1.52%) and United Basalt Products Ltd (+1.27%). The worst performers were: Automatic Systems Ltd (-24.48%), Air Mauritius Ltd (-7.80%), BlueLife Limited (-6.25%), Rogers u0026amp; Co. Ltd (-3.60%) and Fincorp Investment Ltd (-2.38%).u003c/pu003eu003cp align=center\u003eu003cstrongu003eThe following data highlights the ten best performing stocks in terms of annualised total returns since their listing on the stock exchange.u003c/strongu003eu003c/pu003eu003ctable align=center border=
Local market witnesses heavy trading during the week
