u003cpu003eu003cstrongu003eThe local stock market was marked by a consolidation phase during the week under review. The SEMTRI closed these days with a marginal increase of 0.09% whereas the SEMDEX remained almost the same.u003c/strongu003eu003c/pu003eu003cpu003eThe All-share index, SEMDEX, ended the session of Monday 14u003csupu003ethu003c/supu003e October 2013 at 1,965.37 points against 1,965.39 points last Monday. The total return index, SEMTRI, finished the same session at 6,207.01 points (6,201.44 points a week earlier). Since the start of 2013, the SEMTRI and the SEMDEX have grown by 15.71% and 13.47% respectively. The SEM-7 index, which comprises the seven largest and most liquid stocks, closed at 383.89 points. At market close on Monday, market capitalisation reached Rs 199.69 billion. Foreign investorsu0026rsquo; exposure to the local market in terms of net investment (purchases-sales) since the beginning of 2013 amounted to Rs 498.73 million.u003c/pu003eu003cpu003eTotal transactions for the week under review amounted to Rs 178 million and the top five traded securities for the week were: Phoenix Beverages Ltd (PBL), The Mauritius Commercial Bank Ltd (MCB), CIM Financial Services Ltd (CIM), Rogers and State Bank of Mauritius Ltd (SBM). They were exchanged for a total value of Rs 87.5 million, Rs 17.1 million, Rs 14.7 million, Rs 9.7 million and Rs 9.5 million respectively during this time frame. The shares of PBL, MCB, CIM, Rogers and SBM closed at Rs 190.00, Rs 195.50, Rs 8.00, Rs 192.00 and Re 1.00 respectively on Monday 14 October 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, 11 moved up during the week, 26 remained stable and 8 went down. The best performing stocks for the week were: NewGold Issuer Limited (+2.49%), Mauritius Stationery Manufacturers Ltd (+2.47%), Alteo Ltd (+1.54%), Ireland Blyth Ltd (+1.29%) and Rogers u0026amp; Co. Ltd (+1.19%). The worst performers were: MCFI (-6.12%), Promotion and Development Ltd (-2.47%), ENL Commercial Ltd (-1.41%), Omnicane Ltd (-1.15%) and Fincorp Investment Ltd (-1.11%).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=
Market consolidates during the week
