Business Magazine

Market registers gains during the week

  • Business Magazine

    • u003cp align=left\u003eu003cstrongu003eThe 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.u003c/strongu003eu003c/pu003eu003cpu003eThe Total Return Index, SEMTRI, closed the session of Monday 4u003csupu003ethu003c/supu003e 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.u003c/pu003eu003cpu003eTotal 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 4u003csupu003ethu003c/supu003e May 2015.u003c/pu003eu003cpu003eAn 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%).u003c/pu003eu003cp align=left\u003eThe following data highlights the ten best performing stocks in terms of annualised total returns since their listing on the stock exchange.u003c/pu003eu003ctable align=center border=