u003cpu003eu003cstrongu003eThe local market maintained its upward momentumu003c/strongu003eu003cstrongu003eon the back of good corporate results during the weeku003c/strongu003eu003cstrongu003e. The SEM-ASI and the SEMTRI gained 1.57% and 1.22% respectively at the end of the days under review (26 September – 3 October 2016).u003c/strongu003eu003c/pu003eu003cpu003eThe all share index, SEM-ASI registered a gain of 28.69 points during the week, ending the session of Monday 3 October 2016 at 1,854.14 points. The SEMDEX closed the same session at 1,832.49 points. The Total Return Index, SEMTRI, closed the session of Monday at 6,311.51 points, registering a gain of 76.22 points in one week. The SEM-10 Index, which comprises the ten largest and most liquid stocks, closed at 350.56 points. The SEM sustainability index, SEMSI, ended the same day at 102.52 points. The total market capitalisation of the SEM-ASI constituents stood at Rs 336.43 billion at market close on Monday.u003c/pu003eu003cpu003eTotal transactions amounted to Rs 285.9 million during the week. The top five trading securities were: MCB Group Ltd (MCBG), Greenbay Properties Limited (GFP), SBM Holdings Ltd (SBMH), MDIT Ltd and Phoenix Beverages Ltd (PBL). They were exchanged for a total value of Rs 117.1 million, Rs 82.4 million, Rs 20.8 million, Rs 11.3 million and Rs 7 million respectively. The shares of MCBG, GFP, SBM, MDIT and PBL closed at Rs 221.00, GBP 0.09, Rs 0.70, Rs 4.04 and Rs 420.00 on Monday 3 October 2016.u003c/pu003eu003cpu003eAn analysis of the evolution of the prices of listed stocks indicates that out of the 64 stocks figuring on the Official List, 17 moved up during the week, 39 remained stable and 8 went down. The best performing stocks for the week were: Lottotech Ltd (+31.46%), Greenbay Properties Limited (+12.50%), Gamma-Civic Ltd (+4.42%), MCB Group Ltd (+3.63%) and MDIT Ltd (+3.06%). The worst performers were: Alteo Ltd (-2.14%), CIEL Ltd (-1.32%), Rogers u0026amp; Co. Ltd (-0.88%), BlueLife Ltd (-0.88%) and New Mauritius Hotels Ltd (-0.50%).u003c/pu003eu003cp align=center\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=
Market maintains upward momentum
