Business Magazine

Market ends week in negative territory

u003cp align=left\u003eu003cstrongu003eThe local stock market ended in negative territory the week under review (14-21 September 2015).u003c/strongu003eu003cstrongu003eThe SEMDEX and the SEMTRI went down -0.34% at the end of these days.u003c/strongu003eu003c/pu003eu003cpu003eThe Total Return Index, SEMTRI, closed the session of Monday 21u003csupu003estu003c/supu003e 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.u003c/pu003eu003cpu003eTotal 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 21u003csupu003estu003c/supu003e September 2015.u003c/pu003eu003cpu003eAn 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%).u003c/pu003eu003cp align=center\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=