Business Magazine

Market ends week slightly up

u003cpu003eu003cstrongu003eThe 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).u003c/strongu003eu003c/pu003eu003cp align=left\u003eAt the end of the session of Monday 27u003csupu003ethu003c/supu003e 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.u003c/pu003eu003cpu003eTotal 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 27u003csupu003ethu003c/supu003e July 2015.u003c/pu003eu003cpu003eAn 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%).u003c/pu003eu003cp align=left\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=