Market posts gains during the week
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The local market posted gains during the week (19-26 October 2015). The SEMDEX and the SEMTRI moved up by 0.71% at the end of the days under review.
The Total Return Index, SEMTRI, gained 44.04 points in one week, closing the session of Monday 26th October 2015 at 6,272.94 points. The All-share index, SEMDEX, closed the same session at 1,878.33 points against 1,865.14 points last Monday. The SEM-10 Index, which comprises the ten largest and most liquid stocks, closed at 360.52 points. The SEM sustainability index, SEMSI, ended the same day at 98.07 points. The market capitalisation stood at Rs 209.17 billion at market close on Monday.
Total transactions amounted to Rs 121.8 million during the week. The top traded companies were: MCB Group Ltd (MCBG), SBM Holdings Ltd (SBMH), Rogers & Co. Ltd (ROGE), New Mauritius Hotels Ltd (NMHL) and CIEL Limited (CIEL). They were exchanged for a total value of Rs 45.7 million, Rs 15.9 million, Rs 10 million, Rs 6 million and Rs 5.3 million. The shares of MCBG, SBMH, ROGE, NMHL and CIEL closed at Rs 210.00, Rs 0.80, Rs 28.20, Rs 18.60 and Rs 6.76 on Monday 26th October 2015.
An analysis of the evolution of the prices of listed stocks indicates that out of the 53 stocks figuring on the Official List, 11 moved up during the week, 28 remained stable and 15 went down. The best performing stocks for the week were: Air Mauritius Ltd (+11.11%), BlueLife Ltd (+4.93%), Rogers & Co. Ltd (+3.68%), Terra Mauricia Ltd (+3.57%) and New Mauritius Hotels Ltd (+3.33%). The worst performers were: Caudan Development Ltd (-5.47%), New Mauritius Hotels Ltd (P) (-4.55%), Vivo Energy Mauritius Ltd (-3.07%), National Investment Trust Ltd (-2.20%) and Swan General Ltd (-1.72%).
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 | 35.09 |
MCB Group Limited | 22.57 |
Rogers & Co. Ltd | 19.98 |
ENL Land Ltd | 19.96 |
Mauritius Oil Refineries Ltd | 18.99 |
Vivo Energy Mauritius Ltd | 18.80 |
Mauritius Union Assurance Co. Ltd | 18.70 |
The Mauritius Development Investment Trust Co. Ltd | 18.56 |
Swan General Ltd | 17.85 |
P. O. L. I. C. Y Ltd | 16.85 |
On the Development & Enterprise Market (DEM), at market close on Monday, the two indices, the DEMEX and the DEMTRI, closed at 200.57 points and 251.94 points respectively. Market capitalisation stood at Rs 49.31 billion. A total volume of 966,956 shares for a total value of Rs 21.2 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 Investment Ltd and Les Moulins de la Concorde Ltée (O). The total return varies from 18.84% to 37.74%.
On the international front, the Dow Jones Industrial Average and the NASDAQ went up 2.50% and 2.97% respectively in one week. In Europe, Germany DAX, Britain FTSE-100 and France CAC-40 registered a growth of 6.83%, 1.04% and 4.70% respectively during the same time frame.
