Mauritius SEMDEX Rises 0.7% to 2,215.5; MCB Leads Advance

Mauritius SEMDEX Rises 0.7% to 2,215.5; MCB Leads Advance

PORT LOUIS (Capital Markets in Africa) – The Mauritius Stock Exchange Semdex Index rose 0.7 percent to 2,215.5. The move was the biggest since rising 1 percent on Dec. 18 and follows the previous session of less than one percent. The MSCI Emerging Markets Europe, Middle East and Africa Index advanced 0.3 percent. MCB Group Ltd. contributed the most to the advance, rising 0.7 percent. ENL Commercial Ltd. increased 3.9 percent, the biggest gain. Mauritian Eagle Insurance Co. Ltd….

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Mauritius’ Investment Prospects in New Dawn

Mauritius’ Investment Prospects in New Dawn

PORT LOUIS (Capital Markets in Africa) – The start of 2017 was marked by the resignation of Sir Anerood Jugnauth as Prime Minister (PM) who was replaced by Mr. Pravind Jugnauth. This ended months of speculation and resulted in a reconstituted cabinet. The new PM who kept the “Finance” portfolio, delivered an address which emphasized continuity on the most recent National Budget. Markets prefer certainty – a state of affairs – which this re-shuffled cabinet is…

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Mauritius Equity Markets | 04 Nov 2015 : SEMDEX Index up 15bps, SEM10 Index 28bps higher, Market Cap US$9 million up

Mauritius Equity Markets | 04 Nov 2015 : SEMDEX Index up 15bps, SEM10 Index 28bps higher, Market Cap US$9 million up

PORT LOUIS, Mauritius, Capital Markets in Africa — Positive momentum continued on the Stock Exchange of Mauritius at the end today’s equity trading session. The Mauritius official market equity market capitalization ended at MUR 210.155 billion after adding MUR 308 million (about US$8.6 million) compared to the previous market capitalization of MUR 209.847 billion. In the same positive mood, the Mauritius All Share Index (SEMDEX index) grew by 0.15 percent or 2.76 points to close at…

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Mauritius Equity Markets | 03 Nov 2015 : Positive Equity Trading Persists …. SEMDEX Index up 15bps, SEM10 Index 39bps higher

Mauritius Equity Markets | 03 Nov 2015 :  Positive Equity Trading Persists …. SEMDEX Index up 15bps, SEM10 Index 39bps higher

PORT LOUIS, Mauritius, Capital Markets in Africa — The Stock Exchange of Mauritius was closed yesterday for celebration of the Anniversary of the Arrival of Indentured Labourer. The equity trading started the week and the November in bullish sentiment at the end of Tuesday’s trading session. The equity market capitalization ended at MUR 209.847 billion after adding MUR 327 million (about US$9 million) compared to the previous market capitalization of MUR 209.520 billion. In the same…

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Mauritius Equity Markets | 28 Oct 2015 : Stock Exchange of Mauritius Equity Witnesses Bull, Indices Higher, Investors US$15 Million richer …

Mauritius Equity Markets | 28 Oct 2015 : Stock Exchange of Mauritius Equity Witnesses Bull, Indices Higher, Investors US$15 Million richer …

PORT LOUIS, Mauritius, Capital Markets in Africa — On Wednesday, the Stock Exchange of Mauritius equity bounced back to positive trading, so indices and shareholder values appreciated. The equity market capitalization closed at MUR 209.568 billion after adding MUR 526 million (about US$15 million) compared to previous market capitalization of MUR 209.042  billion. In the same positive mood, the Mauritius All Share Index (SEMDEX index) rose by 0.25 percent or 4.73 points to close at 1881.88…

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