Business Magazine

Market posts gains during the week

u003cpu003eu003cstrongu003eThe local stock market posted gains during the weeku003c/strongu003eu003cstrongu003e. The SEM-ASI and the SEMTRI lost 0.53% and 0.9% respectively at the end of the days under review (19 – 26 September 2016).u003c/strongu003eu003c/pu003eu003cpu003eThe all-share index, SEM-ASI, ended the session of Monday 26u003csupu003ethu003c/supu003e September 2016 at 1,825.45 points, gaining 9.54 points during the week. The SEMDEX closed the same session at 1,810.36 points. The Total Return Index, SEMTRI, closed the session of Monday at 6,235.29 points, registering a gain of 55.78 points in one week. The SEM-10 Index, which comprises the ten largest and most liquidstocks, closed at 346.13 points. The SEM sustainability index, SEMSI, ended the same day at 100.45 points. The total market capitalisation of the SEM-ASI constituents stood at Rs 325.48 billion at market close on Monday.u003c/pu003eu003cpu003eTotal transactions amounted to Rs 154.2 million during the week. The top five trading securities were: MCB Group Ltd (MCBG), SBM Holdings Ltd (SBMH), CIM Financial Services Ltd (CIM), New Mauritius Hotels Ltd (NMHL) and CIEL Limited (CIEL). They were exchanged for a total value of Rs 57.4 million, Rs 23.4 million, Rs 14.2 million, Rs 11.7 million and Rs 9.9 million respectively. The shares of MCBG, SMBM, CIM, NMHL and CIEL closed at Rs 213.25, Rs 0.69, Rs 7.00, Rs 20.15 and Rs 6.06 on Monday 26u003csupu003ethu003c/supu003e September 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, 12 moved up during the week, 43 remained stable and 9 went down. The best performing stocks for the week were:SBM Holdings Ltd (+2.99%), MCB Group Ltd (+2.52%), Vivo Energy MauritiusLtd (+2.33%), Mauritius Oil Refineries Ltd (+1.73%) and Promotion and Development Ltd (+1.55%). The worst performers were: Belle Mare Holding Ltd (-1.95%), Gamma-Civic Ltd (-1.52%), Omnicane Ltd (-1.17%), Alteo Ltd (-1.06%) and Rogers u0026amp; Co. Ltd (-0.88%).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=