Business Magazine

Market’s slide continues during the week

u003cpu003eu003cstrongu003eThe local stock market lost ground during the week under review (9-16 November 2015). The SEMTRI, SEMDEX and SEMSI went down by 0.79%, 1.28% and 1.8% respectively.u003c/strongu003eu003c/pu003eu003cpu003eThe Total Return Index, SEMTRI, closed the session of Monday 16 November 2015 at 6,209.99 points, losing 49.74 points in one week. The All-share index, SEMDEX, ended the same day at 1,850.44 points. The SEM-10 Index, which comprises the ten largest and most liquid stocks, closed at 355.01points. The SEM sustainability index, SEMSI, finished Mondayu0026rsquo;s session at 97.20 points. The market capitalisation stood at Rs 206.07 billion at market close on Monday.u003c/pu003eu003cpu003eTotal transactions amounted to Rs 224.3 million during the week. The top traded companies were: Rockcastle Real Estate Co. Ltd (ROCK), MCB Group Ltd (MCBG), New Mauritius Hotels Ltd (NMHL), SBM Holdings Ltd (SBMH) and Rogers u0026amp; Co Ltd. They were exchanged for a total value of Rs 124 million, Rs 30.3 million, Rs 18.2 million, Rs 16.9 million and Rs 4.8 million. The shares of ROCK, MCBG, NMHL, SBMH and Rogers closed at USD 2.12, Rs 208, Rs 18, Rs 0.77 and Rs 28.70 on Monday 16 November 2015.u003c/pu003eu003cpu003eAn analysis of the evolution of the prices of listed stocks indicates that out of the 55 stocks figuring on the Official List, 8 moved up during the week, 28 remained stable and 19 went down. The best performing stocks for the week were: Gamma-Civic (+7.60%), Air Mauritius Ltd (+1.91%), New Mauritius Hotels Ltd (P) (+0.92%), CIM Financial Services Ltd (+0.77%) and Terra Mauricia Ltd (+0.71%). The worst performers were: Belle Mare Holding (-3.85%), National Investment Trust Ltd (-3.66%), Sun Limited (-2.93%), Lottotech Ltd (-2.89%) and MCB Group Limited (-2.58%).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=