Market ends week slightly up
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The local stock market finished the week slightly up. The SEMDEX and the SEMTRI moved up by 0.13% at the end of the days under review (20-27 July 2015).
At the end of the session of Monday 27th July 2015, the All-share index, SEMDEX, finished at 1,958.29 points while the Total Return Index, SEMTRI, closed at 6,524.60 points, against 6,516.42 points a week earlier. The SEM-10 index, which comprises the ten largest and most liquid stocks, closed at 374.39 points. The market capitalisation stood at Rs 217.72 billion at market close on Monday.
Total transactions amounted to Rs 245.6 million during the week. The top five traded securities during the week were: MCB Group Ltd (MCBG), LUX* Island Resorts Ltd, SBM Holdings Ltd (SBMH), MDIT Ltd and POLICY Ltd (POL). They were exchanged for a total value of Rs 95.5 million, Rs 44.0 million, Rs 37.9 million, Rs 27.6 million and Rs 6.7 million. The shares of MCBG, LUX*, SBMH, MDIT and POL closed at Rs 219.00, Rs 61.50, Rs 0.88, Rs 5.26 and Rs 6.86 on Monday 27th July 2015.
An analysis of the evolution of the prices of listed stocks indicates that out of the 52 stocks figuring on the Official List, 8 moved up during the week, 24 remained stable and 20 went down. The best performing stocks for the week were: Gamma-Civic Ltd (+3.70%), National Investment Trust Ltd (+2.17%), MCB Group Ltd (+1.86%), United Docks Ltd (+1.52%) and CIM Financial Services Ltd (+1.18%). The worst performers were: New Mauritius Hotels Ltd (-3.63%), Belle Mare Holding Ltd (-3.17%), Sun Resorts Ltd (-2.98%), ENL Ltd (P) (-2.73%) and BlueLife Limited (-2.71%).
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 | 40.04 |
MCB Group Limited | 23.01 |
CIM Financial Services Ltd | 21.00 |
Rogers & Co. Ltd | 20.48 |
ENL Land Ltd | 20.13 |
Vivo Energy Mauritius Ltd | 19.46 |
Mauritius Oil Refineries Ltd | 19.44 |
Mauritius Union Assurance Co. Ltd | 19.35 |
The Mauritius Development Investment Trust Co. Ltd | 18.83 |
SBM Holdings Ltd | 17.53 |
On the international front, the stock markets ended the week on a negative note. The Dow Jones Industrial Average and the NASDAQ went down 2.86% and 2.33% respectively during the week. In Europe, Britain FTSE-100, Germany DAX, and France CAC-40 lost 2.88%, 2.79% and 1.31% respectively during the same time frame.
