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AfricaMoney | January 9, 2014

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Mauritius SEMDEX ends on high note

Mauritius SEMDEX ends on high note

The Stock Exchange of Mauritius (SEM) ended on a high note on Friday 3rd May as it increased by 1.2 per cent and, thus, reached 1923.27 points.  The Mauritius Commercial Bank tops the list since its traded shares has exceeded the threshold of Rs 190, increasing from Rs 187 per unit to reach Rs 195 per unit. This constitutes an increase of 4.3 per cent on an average day. The second best performance was made by CIM Financial Services whose share registered an increase of 2.4 per cent to reach Rs 6. The Mauritius Union also registered a good performance to close at Rs 125.25 for exchanges worth Rs 2 million.

At the commercial level, Harel Mallac group and Innodis remain stable at Rs 120 and Rs 47.80 rupees, respectively. On the other hand, the shares of Ireland Blyth Limited (IBL) has improved by 1.2 per cent to reach 85. More than 15,000 shares worth Rs 1.2 million were traded. However, the shares of Vivo Energy fell by 0.4 per cent to close at Rs 172.

No major changes were noted in the industry sector. The shares of Phoenix Beverages Limited, Mauritius Chemical and Fertilizers Industry and United Basalt Product remain unchanged. The only title that witnessed a rise in value is the one traded by Gamma Civic who ended the week with a slight gain of 0.3 per cent.

At the investment level, Fincorp registered a growth of 5 per cent to end at Rs 17.95. While ENL Commercial Ltd has improved by 3.4 per cent to reach 1.4 per cent and Rogers also registered a rise of 0.3 per cent at Rs 180.

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