Business Magazine

Market ends week in positive territory

u003cpu003eu003cstrongu003eThe local stock market experienced positive growth during the week under review (11-18 November 2013).u003c/strongu003eu003cstrongu003eThe SEMTRI and the SEMDEX closed up 0.66% at the end of these days.u003c/strongu003eu003c/pu003eu003cpu003eThe Total Return Index, SEMTRI, closed the session of Monday 18 November 2013 at 6,451.54 points, gaining 42.01 points during the week. The All-share index, SEMDEX, finished the same session at 2,042.80 points. Since the start of 2013, the SEMTRI and the SEMDEX have grown by 20.27% and 17.94% respectively. The SEM-7 index, which comprises the seven largest and most liquid stocks, was at 400.43 points. At market close on Monday, market capitalisation reached 207.56 billion.u003c/pu003eu003cpu003eTotal transactions for the week under review amounted to Rs 190.9 million. The most traded securities during the last five sessions were mainly: The Mauritius Commercial Bank Ltd (MCB), ENL Land Ltd, New Mauritius Hotels Ltd (NMHL), Harel Mallac Ltd (HML) and State Bank of Mauritius Ltd (SBM). They were exchanged for a total value of Rs 43.4 million, Rs 31.5 million, Rs 17.6 million, Rs 16.8 million and Rs 16.1 million respectively. The shares of MCB, ENL Land, NMHL, HML and SBM closed at Rs 205.00, Rs 50.00, Rs 87.00, Rs 105.00 and Rs 1.05 respectively on Monday 18 November 2013.u003c/pu003eu003cpu003eAn analysis of the evolution of the prices of listed stocks indicates that out of the 45 stocks figuring on the Official List, 19 moved up during the week, 13 remained stable and 13 went down. The best performing stocks for the week were: CMPL Ltée (+23.48%), National Investment Trust Ltd (+15.24%), MCFI (+5.18%), Belle Mare Holding Ltd (+5%) and United Docks Ltd (+4.29%). The worst performers were: Lux Island Resorts Ltd (-7.76%), Sun Resorts Ltd (-7.69%), Vivo Energy Mauritius Ltd (-5.06%), Le Meritt Holdings Ltd (-4.94%) and Swan Insurance Co. Ltd (-4.38%).u003c/pu003eu003cpu003eThe following data highlights the ten best performing stocks in terms of total return since the beginning of 2013.u003c/pu003eu003ctable align=center border=1 cellpadding=