Rs 1 billion exchanged during the week

The local stock market was marked by heavy trading during the week under review (9-16 February 2015). Shares worth Rs 1 billion were exchanged in a market environment which saw the indices ending the week on a positive note (+0.13% for the SEMDEX and the SEMTRI).

The top five traded securities during the week were: Gamma-Civic Ltd (GCL), MCB Group Limited (MCBG), SBM Holdings Ltd (SBMH), CIEL Limited (CIEL) and Mauritius Union Assurance Ltd (MUA). They were exchanged for a total value of Rs 637.6 million, Rs 158.3 million, Rs 63.5 million, Rs 49.8 million and Rs 19.8 million. The shares of GCL, MCBG, SBMH, CIEL and MUA closed at Rs 41.00, Rs 201.25, Rs 1.00, Rs 6.90 and Rs 77.00 on 16^th February 2015.

The All-share index, SEMDEX, closed the session of Monday 16^th February 2015 at 1,993.38 points against 1,990.82 points last Monday. The Total Return Index, SEMTRI, closed the same session at 6,536.54 points, registering a gain of 8.38 points in one week. The SEM-10 index, which comprises the ten largest and most liquid stocks, grew by 1.45% in one week to close at 375.10 points. The market capitalisation stood Rs 221.62 billion at market close on Monday.

An analysis of the evolution of the prices of listed stocks indicates that out of the 51 stocks figuring on the Official List, 12 moved up during the week, 22 remained stable and 17 went down. The best performing stocks for the week were: Rockcastle Real Estate Co. Ltd (+16.10%), LUX* Island Resorts Ltd (+6.80%), MCFI Ltd (+4.17%), Rogers & Co. Ltd (+3.81%) and New Mauritius Hotels Ltd (+3.37%). The worst performers were: Lottotech Ltd (-22.59%), Go Life International PCC (-20%), Compagnie des Magasins Populaires Ltée (-13.98%), Air Mauritius Ltd (-12.06%) and Automatic Systems Ltd (-10.18%).

The following data highlights the ten best performing stocks in terms of annualised total returns since their listing on the stock exchange.

On the Development & Enterprise Market (DEM), at market close on Monday, the two indices, the DEMEX and the DEMTRI, closed at 200.09 points and 247.80 points respectively. Market capitalisation stood at Rs 47.29 billion. A total volume of 1.4 million shares for a total value of Rs 19.9 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), Anglo Mauritius Assurance Society Ltd, United Investments Ltd, Phoenix Investment Co Ltd and The Union Sugar Estates Ltd. The total return varies from 22.59% to 41.09%.

On the international front, the financial markets ended the week on a positive note. For the week, the Dow Jones Industrial Average and the NASDAQ Composite went up 0.78% and 3.15% respectively. In Europe, Germany DAX, Britain FTSE-100 and France CAC-40 gained 0.53%, 0.11% and 1.19% respectively during the same time frame.