u003cpu003eu003cstrongu003eThe local stock market managed to post modest gains amid heavy trading during the week under review (19-26 May 2014).u003c/strongu003eu003cstrongu003eThe SEMDEX and the SEMTRI moved up 0.6% and 0.65% respectively at the end of Mondayu0026rsquo;s session.u003c/strongu003eu003c/pu003eu003cpu003eThe Total Return Index, SEMTRI, gained 43 points during the week, closing the session of Monday 26u003csupu003ethu003c/supu003e May 2014 at 6,635.60 points. The All share index, SEMDEX, ended the same session at 2,072.20 points. The SEM-7 index, which comprises the seven largest and most liquid stocks, finished at 405.34 points. At market close on Monday, market capitalisation reached Rs 223.83 billion. Foreign investorsu0026rsquo; exposure to the local market in terms of net investment (purchases-sales) since the beginning of 2014 amounted to Rs 130 million.u003c/pu003eu003cpu003eTotal transactions during the week amounted to Rs 318.7 million. The top five trading securities during the week were: CIEL Limited (CIEL), MCB Group Limited (MCBG), State Bank of Mauritius Ltd (SBM), Lux Island Resorts Ltd and New Mauritius Hotels Ltd (NMH). They were exchanged for a total value of Rs 85.5 million, Rs 72.7 million, Rs 67.0 million, Rs 14.8 million and Rs 11.6 million. The shares of CIEL, MCBG, SBM, Lux and NMHL closed at Rs 6.40, Rs 220.00, Rs 1.05, Rs 42.50 and Rs 84.00 on Monday 26u003csupu003ethu003c/supu003e May 2014.u003c/pu003eu003cpu003eAn analysis of the evolution of the prices of listed stocks indicates that out of the 48 stocks figuring on the Official List, 18 moved up during the week, 18 remained stable and 12 went down. The best performing stocks for the week were: BlueLife Ltd (+7.43%), Automatic Sytems Ltd (+6.29%), Gamma-Civic Ltd (+4.78%), United Basalt Products Ltd (+3.66%) and ENL Land Ltd (P) (+2.73%). The worst performers were: ENL Commercial Ltd (-3.67%), Ireland Blyth Ltd (-3.29%), National Investment Trust Ltd (-3.15%), POLICY Ltd (-2.44%) and Bramer Banking Corporation Ltd (-2.23%).u003c/pu003eu003cpu003eThe following data highlights the ten best performing stocks in terms of total return since the beginning of 2014.u003c/pu003eu003ctable align=center border=
Market ends week up amid heavy trading
