Business Magazine

Market ends week slightly down

u003cp align=left\u003eu003cstrongu003eThe 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).u003c/strongu003eu003c/pu003eu003cpu003eThe Total Return Index, SEMTRI, lost 8.98 points in one week, closing the session of Monday 25u003csupu003ethu003c/supu003e 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.u003c/pu003eu003cpu003eTotal 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 25u003csupu003ethu003c/supu003e May 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, 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%).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=