Market ends week slightly down
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The local market was marked by some volatility in the evolution of market indices during the week. The SEMDEX and the SEMTRI dropped -0.14% at the end of the days under review (18-25 May 2015).
The Total Return Index, SEMTRI, lost 8.98 points in one week, closing the session of Monday 25th May 2015 at 6,489.87 points. The All-share index, SEMDEX, ended the same session at 1,972.73 points against 1,975.46 points a week earlier. The SEM-10 index, which comprises the ten largest and most liquid stocks, closed at 375.76 points. The market capitalisation stood Rs 219.32 billion at market close on Monday.
Total transactions reached Rs 188.2 million during the week and the top five traded securities during the week were: New Mauritius Hotels Ltd (NMHL), MCB Group Limited (MCBG), Sun Resorts Ltd (SUN), CIEL Limited (CIEL) and Ireland Blyth Ltd (IBL). They were exchanged for a total value of Rs 42.4 million, Rs 23.6 million, Rs 18.8 million, Rs 18.6 million and Rs 14.4 million. The shares of NMHL, MCBG, SUN, CIEL and IBL closed at Rs 63.00, Rs 204.75, Rs 42.40, Rs 7.38 and Rs 114.00 on Monday 25th May 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, 25 remained stable and 19 went down. The best performing stocks for the week were: Go Life International PCC (+33.33%), CIEL Limited (+6.34%), Terra Mauricia Ltd (+5%), ENL Commercial Ltd (+1.82%) and United Docks Ltd (+0.76%). The worst performers were: CMPL Ltée (-5.26%), Lottotech Ltd (-5%), Automatic Systems Ltd (-4.76%), ENL Land Ltd (P) (-4.44%) and ENL Land Ltd (O) (-4.12%).
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 | 53.67 |
CIM Financial Services Ltd | 29.16 |
MCB Group Limited | 22.78 |
Rogers & Co. Ltd | 20.59 |
ENL Land Ltd | 20.21 |
Vivo Energy Mauritius Ltd | 19.92 |
Mauritius Union Assurance Co. Ltd | 19.91 |
Mauritius Oil Refineries Ltd | 19.61 |
The Mauritius Development Investment Trust Co. Ltd | 18.65 |
SBM Holdings Ltd | 18.03 |
On the Development & Enterprise Market (DEM), at market close on Monday, the two indices, the DEMEX and the DEMTRI, ended at 205.18 points and 254.56 points respectively. Market capitalisation stood at Rs 48.70 billion. A total volume of 1.2 million shares for a total value of Rs 24.2 million has been traded during the week. The ten best performers in terms of annualised return since listing are: Margarine Industries Ltd, United Bus Service Ltd, Associated Commercial Ltd, ABC Motors Ltd, Morning Light Ltd, Phoenix Investment Ltd, Livestock Feed Ltd (O), Swan Life Ltd, United Investment Ltd and The Union Sugar Estates Ltd. The total return varies from 21.83% to 39.61%.
On the international front, the Dow Jones Industrial Average slid 0.22% during the week whilst the NASDAQ gained 0.81% during the same time frame. In Europe, Britain FTSE-100, Germany DAX, and France CAC-40 went up 1.02%, 3.21%, and 2.99% respectively in one week.
