u003cp style=text-align: justify;\u003eAt the closure of the session on Monday 23 July, the Total Return Index, SEMTRI, closed at 5,318.31 points whereas the all-share index, SEMDEX, closed at 1,743.98 points, losing 0.70% during the week. The SEM-7 index, which comprises the seven largest and most liquid stocks, closed at 336.31 points. At market close on Monday, market capitalisation reached Rs 165.20 billion.u003c/pu003eu003cp class=rtejustify style=text-align: justify;\u003eShares of Terra Mauricia Ltd (TERA), State Bank of Mauritius Ltd (SBM), The Mauritius Commercial Bank Ltd (MCB), New Mauritius Hotels Ltd (NMHL) and Swan Insurance Co. Ltd (SWAN) were exchanged for a total value of Rs 89 million, Rs 69 million, Rs 65 million, Rs 15 million and Rs 6 million respectively during this time frame. The shares of TERA, SBM, MCB, NMHL and SWAN closed at Rs 39, Rs 81.50, Rs 167, Rs 66 and Rs 326, respectively, on Monday 23 July 2012.u003c/pu003eu003cp class=rtejustify\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=1 cellpadding=1 cellspacing=1\u003eu003ctbodyu003eu003ctr class=tblTitle\u003eu003ctd class=rtecenter\u003eu003cstrongu003eCompaniesu003c/strongu003eu003c/tdu003eu003ctd class=rtecenter\u003eu003cstrongu003eAnnualised totalu003cbr /u003e return since listingu003cbr /u003e to 23 july 2012u003c/strongu003eu003c/tdu003eu003c/tru003eu003ctru003eu003ctdu003eThe Mauritius Commercial Bank Ltdu003c/tdu003eu003ctd class=rtecenter\u003e24.38%u003c/tdu003eu003c/tru003eu003ctru003eu003ctdu003eVivo Energy Mauritius Ltdu003c/tdu003eu003ctd class=rtecenter\u003e24.21%u003c/tdu003eu003c/tru003eu003ctru003eu003ctdu003eENL Land Ltdu003c/tdu003eu003ctd class=rtecenter\u003e21.64%u003c/tdu003eu003c/tru003eu003ctru003eu003ctdu003eMauritius Oil Refineries Ltdu003c/tdu003eu003ctd class=rtecenter\u003e21.14%u003c/tdu003eu003c/tru003eu003ctru003eu003ctdu003eMauritius Union Assurance Co. Ltdu003c/tdu003eu003ctd class=rtecenter\u003e20.77%u003c/tdu003eu003c/tru003eu003ctru003eu003ctdu003eGamma-Civic Ltdu003c/tdu003eu003ctd class=rtecenter\u003e20.61%u003c/tdu003eu003c/tru003eu003ctru003eu003ctdu003eThe Mauritius Development Investment Trust Co. Ltdu003c/tdu003eu003ctd class=rtecenter\u003e20.39%u003c/tdu003eu003c/tru003eu003ctru003eu003ctdu003eUnited Basalt Products Ltdu003c/tdu003eu003ctd class=rtecenter\u003e20.32%u003c/tdu003eu003c/tru003eu003ctru003eu003ctdu003eRogers u0026amp; Co. Ltdu003c/tdu003eu003ctd class=rtecenter\u003e20.11%u003c/tdu003eu003c/tru003eu003ctru003eu003ctdu003eState Bank of Mauritius Ltdu003c/tdu003eu003ctd class=rtecenter\u003e19.38%u0026nbsp;u003c/tdu003eu003c/tru003eu003c/tbodyu003eu003c/tableu003eu003cp class=rtejustify style=text-align: justify;\u003eAn analysis of the evolution of the prices of listed stocks indicates that out of the 40 stocks figuring on the Official List, 5 moved up during the week, 12 remained stable and 23 went down. The best performing stocks for the week were: New Mauritius Hotels Ltd (+2.33%), Omnicane Ltd (+2.01%), Mauritian Eagle Insurance Co. Ltd (+1.39%), Terra Mauricia Ltd (+1.30%) and Innodis Ltd (+0.48%). The worst performers were: Automatic Systems Ltd (-10%), Promotion and Development Ltd (-6.34%), POLICY Ltd (-5%), Mauritius Stationery Manufacturers Ltd (-5%) and Sun Resorts (-3.79%).u003c/pu003eu003cp class=rtejustify style=text-align: justify;\u003eOn the Development u0026amp; Enterprise Market (DEM), at market close on Monday, the two indices, the DEMEX and the DEMTRI, closed at 147.06 points and 171.24 points, respectively. Market capitalization stood at Rs 52.18 billion. A total volume of 1.71 million shares for a total value of Rs 19.33 million has been traded during the week. The ten best performers in terms of annualised total returns since their listing on the stock exchange as at Monday 23 July 2012 are: Margarine Industries Ltd, Associated Commercial, United Bus Service, Morning Light, Union Flacq Ltd, Union Sugar Estates, United Investments, Chemco, Le Moulins de la Concorde Ltée (O) and FIDES. The total return varies from 26.91% to 56.47%.u003c/pu003eu003cp class=rtejustify style=text-align: justify;\u003eOn the international front, financial markets ended the week on a mixed note. For the week, the Dow Jones Industrial Average and the NASDAQ composite index gained 0.36 per cent and 0.58 per cent during the week. In Europe, Germanyu0026rsquo;s DAX and France CAC 40 went up 1.11 per cent and 0.41 per cent, respectively, whilst Britainu0026rsquo;s FTSE lost 0.25 per cent during the week.u003c/pu003eu003cp class=rtejustify\u003eu003ca href=/sites/www.businessmag.mu/files/uploads/table.jpg target=_blank\u003eu003cimg alt=\ src=/sites/www.businessmag.mu/files/uploads/table.jpg style=height: 185px; width: 600px; /u003eu003c/au003eu003c/pu003e
Local market witnesses heavy trading during the week
