Market finishes up during the week
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The local stock market ended up during the week under review (26 october-3 November 2015). The SEMDEX and the SEMTRI moved up by 0.32% at the end of the days under review.
The Total Return Index, SEMTRI, gained 20.11 points in one week, closing the session of Tuesday 3rd November 2015 at 6,293.05 points. The All-share index, SEMDEX, closed the same session at 1,884.35points against 1,878.33 points last Tuesday. The SEM-10 Index, which comprises the ten largest and most liquid stocks, closed at 362.53 points. The SEM sustainability index, SEMSI, ended the same day at 99.31 points. The market capitalisation stood at Rs 209.85 billion at market close on Tuesday.
Total transactions amounted to Rs 150.1 million during the week. The top traded companies were: MCB Group Ltd (MCBG), SBM Holdings Ltd (SBMH), New Mauritius Hotels Ltd (NMHL), LUX* Island Resorts Ltd (Lux) and Rogers & Co. Ltd (ROGE). They were exchanged for a total value of Rs 44.6 million, Rs 24.7 million, Rs 18.8 million, Rs 16.3 million and Rs 11.2 million. The shares of MCBG, SBMH, NMHL, Lux and ROGE closed at Rs 214.00, Rs 0.79, Rs 18.00, Rs 58.50 and Rs 29.60 on Tuesday 3rd November 2015.
An analysis of the evolution of the prices of listed stocks indicates that out of the 53 stocks figuring on the Official List, 12 moved up during the week, 29 remained stable and 13 went down. The best performing stocks for the week were: Rogers & Co. Ltd (+3.86%), National Investment Trust Ltd (+2.24%), MCB Group Ltd (+1.78%), CIEL Limited (+1.49%) and New Mauritius Hotels Ltd (P) (+1.49%). The worst performers were: Air Mauritius Ltd (-2.73%), Innodis Ltd (-2.22%), Terra Mauricia Ltd (-1.72%), New Mauritius Hotels Ltd (-1.64%) and United Basalt Products Ltd (-1.30%).
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 | 34.92 |
MCB Group Limited | 22.64 |
Rogers & Co. Ltd | 20.19 |
ENL Land Ltd | 20.00 |
Mauritius Oil Refineries Ltd | 18.96 |
Vivo Energy Mauritius Ltd | 18.76 |
Mauritius Union Assurance Co. Ltd | 18.67 |
The Mauritius Development Investment Trust Co. Ltd | 18.55 |
Swan General Ltd | 17.83 |
P. O. L. I. C. Y Ltd | 16.77 |
On the Development & Enterprise Market (DEM), at market close on Tuesday, the two indices, the DEMEX and the DEMTRI, closed at 199.57 points and 250.68 points respectively. Market capitalisation stood at Rs 49.07 billion. A total volume of 372,545 shares for a total value of Rs 10.3 million has been traded during the week. The ten best performers in terms of annualised return since listing are: Margarine Industries Ltd, Associated Commercial Ltd, United Bus Service Ltd, ABC Motors Ltd, Phoenix Investment Company Ltd, Swan Life Ltd, Morning Light Ltd, Livestock Feed Ltd (O), United Investments Ltd and Les Moulins de la Concorde Ltée (O). The total return varies from 18.79% to 37.64%.
On the international front, the Dow Jones Industrial Average and the NASDAQ went up 1.17% and 0.38% respectively in one week. In Europe, Germany DAX and France CAC-40 registered a growth of 1.38% and 0.39% respectively, whereas FTSE-100 slid 0.86% during the same time frame.
