Market ends week in negative territory
Share
The local stock market ended in negative territory the week under review (14-21 September 2015).The SEMDEX and the SEMTRI went down -0.34% at the end of these days.
The Total Return Index, SEMTRI, closed the session of Monday 21st September 2015 at 6,404.57 points, losing 21.69 points during the week. The All-share index, SEMDEX, closed the same session at 1,919.20 points against 1,925.70 points on Monday 14 September. The SEM-10 index, which comprises the ten largest and most liquid stocks, closed at 366.10 points. The SEM sustainability index, SEMSI, finished at 99.28 points. The market capitalisation stood at Rs 213.72 billion at market close on Monday.
Total transactions amounted to Rs 231.6 million during the week. The top traded companies were: MCB Group Ltd (MCBG), SBM Holdings Ltd (SBMH), Ireland Blyth Ltd (IBL), Phoenix Beverages Ltd (PBL) and New Mauritius Hotels Ltd (NMHL). They were exchanged for a total value of Rs 69.4 million, Rs 37.7 million, Rs 27.6 million, Rs 23.8 million and Rs 16 million. The shares of MCBG, SBMH, IBL, PBL and NMHL closed at Rs 209.00, Rs 0.86, Rs 112.00, Rs 400.00 and Rs 18.00 on Monday 21st September 2015.
An analysis of the evolution of the prices of listed stocks indicates that out of the 53 stocks figuring on the Official List, 8 moved up during the week, 27 remained stable and 18 went down. The best performing stocks for the week were: Lottotech Ltd (+2.63%), Alteo Ltd (+1.98%), Mauritius Oil Refineries Ltd (+1.85%), Belle Mare Holding (+1.82%) and Terra Mauricia Ltd (+1.20%). The worst performers were: Air Mauritius Ltd (-8.26%), Gamma-Civic Ltd (-5.10%), Mauritius Union Assurance Co. Ltd (-4.90%), Ireland Blyth Ltd (-2.18%) and Harel Mallac Ltd (-1.98%).
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 | 36.17 |
MCB Group Limited | 22.64 |
Rogers & Co. Ltd | 20.20 |
ENL Land Ltd | 20.14 |
Mauritius Oil Refineries Ltd | 19.31 |
Vivo Energy Mauritius Ltd | 19.14 |
Mauritius Union Assurance Co. Ltd | 18.95 |
The Mauritius Development Investment Trust Co. Ltd | 18.73 |
CIM Financial Services Ltd | 18.32 |
Swan General Ltd | 18.30 |
On the Development & Enterprise Market (DEM), at market close on Monday, the two indices, the DEMEX and the DEMTRI, closed at 208.43 points and 261.74 points respectively. Market capitalisation stood at Rs 49.54 billion. A total volume of 723,591 shares for a total value of Rs 16.9 million has been traded during the week. The ten best performers in terms of annualised return since listing are: Margarine Industries Ltd, Associated Commercial Ltd, United Bus Service Ltd, Swan Life Ltd, Phoenix Investment Company Ltd, ABC Motors Ltd, Morning Light Ltd, Livestock Feed Ltd (O), United Investment Ltd and The Union Sugar Estates Ltd. The total return varies from 19.59% to 38.20%.
On the international front, the Dow Jones Industrial Average lost 0.30% during the week whilst the NASDAQ went up 0.10% during the same time frame. In Europe, Britain FTSE-100, Germany DAX and France CAC-40 lost 0.22%, 2.05% and 0.28% respectively in one week.
