Market registers gains during the week
Share
The local stock market registered gains during the week under review (27 April - 4 May 2015). The SEMTRI and the SEMDEX went up +0.75% during this time frame.
The Total Return Index, SEMTRI, closed the session of Monday 4th May 2015 at 6,412.24 points, gaining 47.80 points during the week. The All-share index, SEMDEX, ended the same session at 1,950.99 points, adding 14.55 points in the same time frame. The SEM-10 index, which comprises the ten largest and most liquid stocks, closed at 370.54 points. The market capitalisation stood Rs 216.91 billion at market close on Monday.
Total transactions amounted to Rs 272 million during the week. The top five traded securities during the week were: SBM Holdings Ltd (SBMH), MCB Group Limited (MCBG), Phoenix Beverages Ltd (PBL), Sun Resorts Ltd (SRL) and Swan General Ltd (SGL). They were exchanged for a total value of Rs 126.2 million, Rs 107.4 million, Rs 7.1 million, Rs 5 million and Rs 3.5 million. The shares of SBMH, MCBG, PBL, SRL and SGL closed at Re 0.94, Rs 201.50, Rs 300.00, Rs 39.00 and Rs 345.00 on Monday 4th May 2015.
An 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, 31 remained stable and 13 went down. The best performing stocks for the week were: POLICY Ltd (+7.42%), Swan General Ltd (+6.81%), SBM Holdings Ltd (+4.44%), Lottotech Ltd (+4.18%) and Phoenix Beverages Ltd (+2.74%). The worst performers were: Gamma-Civic (-4.62%), National Investment Trust (-4.26%), CIM Financial Services Ltd (-3.12%), Automatic Systems ltd (-2.27%) and ENL Land Ltd (-2%).
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 | 54.44 |
CIM Financial Services Ltd | 23.70 |
MCB Group Limited | 22.76 |
ENL Land Ltd | 20.51 |
Rogers & Co. Ltd | 20.48 |
Vivo Energy Mauritius Ltd | 20.17 |
Mauritius Union Assurance Co. Ltd | 19.68 |
Mauritius Oil Refineries Ltd | 19.58 |
The Mauritius Development Investment Trust Co. Ltd | 19.07 |
Gamma-Civic Ltd | 18.09 |
On the Development & Enterprise Market (DEM), at market close on Monday, the two indices, the DEMEX and the DEMTRI, closed at 201.48 points and 249.97 points respectively. Market capitalisation stood at Rs 47.83 billion. A total volume of 220,034 shares for a total value of Rs 5.8 million has been traded during the week. The ten best performers in terms of annualised return since listing are: Margarine Industries Ltd, United Bus Service Ltd, Associated Commercial Ltd, ABC Motors Ltd, Morning Light Ltd, Livestock Feed Ltd (O), Phoenix Investment Ltd, Swan Life Ltd, United Investment Ltd and The Union Sugar Estates Ltd. The total return varies from 21.99% to 39.92%.
On the international front, financial markets ended the week on a negative note. Both the Dow Jones Industrial Average and the NASDAQ went down 0.31% and 1.70% respectively during the week. In Europe, Germany DAX, Britain FTSE-100 and France CAC-40 slid 3.02%, 2.98% and 1.20% respectively in one week.
