Market ends slightly down
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The local market was marked by a slight fall in indices during the week. The SEMDEX and the SEMTRI dropped -0.10% and -0.09% respectively at the end of the days under review (8-15 June 2015).
The Total Return Index, SEMTRI, lost 6.09 points during the week, closing the session of Monday 15th June 2015 at 6,513.69 points. The All-share index, SEMDEX, ended the same session at 1,972.76 points against 1,974.65 points last week. The SEM-10 index, which comprises the ten largest and most liquid stocks, closed at 375.62 points. The market capitalisation stood Rs 219.33 billion at market close on Monday.
Total transactions amounted to Rs 208.2 million during the week. The top five traded securities were: MCB Group Limited (MCBG), SBM Holdings Ltd (SBMH), LUX* Island Resorts Ltd, Terra Mauricia Ltd (TERA) and MCB Notes. They were exchanged for a total value of Rs 85.1 million, Rs 70.2 million, Rs 8.3 million, Rs 5.2 million and Rs 4.8 million. The shares of MCBG, SBMH, LUX*, TERA and MCB Notes closed at Rs 208.50, Re 0.94, Rs 61.75, Rs 32.50 and Rs 1,034.56 on Monday 15th June 2015.
An analysis of the evolution of the prices of listed stocks indicates that out of the 52 stocks figuring on the Official List, 6 moved up during the week, 30 remained stable and 16 went down. The best performing stocks for the week were: Terra Mauricia Ltd (+2.85%), Mauritius Union Assurance Ltd (+1.30%), MDIT Ltd (+0.78%), ENL Land Ltd (+0.66%) and MCB Group Ltd (+0.60%). The worst performers were: Go Life International PCC (-25%), Automatic Systems Ltd (-10%), Rockcastle Real Estate Co. Ltd (-5.36%), POLICY Ltd (-5.15%) and ENL Commercial Ltd (-3.80%).
The following data highlights the ten best performing stocks in terms of annualised total returns since their listing on the stock exchange.
Companies | Annualised Return Since Listing (%) |
Rockcastle Global Real Estate Company Ltd | 49.48 |
CIM Financial Services Ltd | 27.84 |
MCB Group Limited | 22.81 |
Rogers & Co. Ltd | 20.40 |
ENL Land Ltd | 20.14 |
Mauritius Union Assurance Co. Ltd | 19.86 |
Vivo Energy Mauritius Ltd | 19.78 |
Mauritius Oil Refineries Ltd | 19.61 |
The Mauritius Development Investment Trust Co. Ltd | 18.87 |
SBM Holdings Ltd | 17.96 |
On the Development & Enterprise Market (DEM), at market close on Monday, the two indices, the DEMEX and the DEMTRI, closed at 205.25 points and 255.70 points respectively. Market capitalisation stood at Rs 48.78 billion. A total volume of 2.69 million shares for a total value of Rs 96.6 million has been traded during the week. The ten best performers in terms of annualised return since listing are: Margarine Industries Ltd, United Bus Service Ltd, Associated Commercial Ltd, ABC Motors Ltd, Morning Light Ltd, Swan Life Ltd, Phoenix Investment Ltd, Livestock Feed Ltd (O), United Investment Ltd and The Union Sugar Estates Ltd. The total return varies from 21.67% to 39.31%.
On the international front, the Dow Jones Industrial Average went up 0.28% whilst the NASDAQ lost 0.34% in one week. In Europe, Britain FTSE-100, Germany DAX, and France CAC-40 went down 0.29%, 0.01% and 0.40% respectively during the same time frame.
