Business Magazine

Market ends slightly down

u003cp align=left\u003eu003cstrongu003eThe 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).u003c/strongu003eu003c/pu003eu003cpu003eThe Total Return Index, SEMTRI, lost 6.09 points during the week, closing the session of Monday 15u003csupu003ethu003c/supu003e 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.u003c/pu003eu003cpu003eTotal 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 15u003csupu003ethu003c/supu003e June 2015.u003c/pu003eu003cpu003eAn 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%).u003c/pu003eu003cp align=left\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=