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 Market | 26 Nov 2015: Trading Activities low, indices and market capitalization down …

Mauritius Equity Market | 26 Nov 2015: Trading Activities low, indices and market capitalization down …

PORT LOUIS, Mauritius, Capital Markets in Africa — Bear appeared at the end of Thursday’s equity trading session. The equity market capitalization closed at MUR 202.267 billion after dropping MUR 267 million (about US$7.4 million) relatively to the previous market capitalization of MUR 202.534. The Mauritius All Share Index (SEMDEX index) dropped 0.13 percent or 2.39 points to close at 1,816.28 and SEM10 index fell by 0.08 percent or 0.22 points to close at 349.11 points….

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Mauritius Equity Market | 25 Nov 2015: Bullish momentum continues on the Stock Exchange of Mauritius … companies add MUR 537 million in value

Mauritius Equity Market | 25 Nov 2015: Bullish momentum continues on the Stock Exchange of Mauritius … companies add MUR 537 million in value

PORT LOUIS, Mauritius, Capital Markets in Africa — Positive momentum continued on the Stock Exchange of Mauritius at the end of Wednesday’s equity trading session. The equity market capitalization closed at MUR 202.534 billion after adding MUR 537 million (about US$15 million) relatively to the previous market capitalization of MUR 201.997. The Mauritius All Share Index (SEMDEX index) gathered 0.27 percent or 4.81 points to end at 1,818.67 and SEM10 index surged by 0.46 percent or 1.61…

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Mauritius Equity Markets | 24 Nov 2015: SBM Holding, MCB Group Pull Equity index higher …

Mauritius Equity Markets | 24 Nov 2015: SBM Holding, MCB Group Pull Equity index higher …

PORT LOUIS, Mauritius, Capital Markets in Africa — The Stock Exchange of Mauritius equity markets bounced back to positive territory. The equity market capitalization ended at MUR 201.997 billion after dropping MUR 125 million (about US$3.3 million) relatively to the previous market capitalization of MUR 201.872.  The Mauritius All Share Index (SEMDEX index) gained 0.06 percent or 1.12 points to close at 1,813.86 and SEM10 index added 0.18 percent or 0.61 points to end at 347.73…

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Mauritius Equity Markets | 23 Nov 2015: Mauritius Equity Trading Ends in Red, SEMDEX 0.20% down …

Mauritius Equity Markets | 23 Nov 2015: Mauritius Equity Trading Ends in Red, SEMDEX 0.20% down …

PORT LOUIS, Mauritius, Capital Markets in Africa — The Stock Exchange of Mauritius equity markets opened the week in the negative zone. The equity market capitalization ended at MUR 201.872 billion. The Mauritius All Share Index (SEMDEX index) dipped by 0.20 percent or 3.60 points to end at 1,812.74 and SEM10 index dropped 0.04 percent or 0.13 points to end at 347.11 points. From the market activity viewpoint, the overall total volume trade ended at 5,768…

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Mauritius Equity Markets | 19 Nov 2015: Mauritius equities continue to shed blood…market cap loses US$44 million …

Mauritius Equity Markets | 19 Nov 2015: Mauritius equities continue to shed blood…market cap loses US$44 million …

PORT LOUIS, Mauritius, Capital Markets in Africa — Negative sentiment persisted on the Stock Exchange of Mauritius equity markets at the end of Thursday’s trading session. The equity market capitalization closed at MUR 203.293 billion after losing MUR 1.7 billion (about US$44 million) relatively to the previous market capitalization of MUR 205.117.  The Mauritius All Share Index (SEMDEX index) dipped by 0.37 percent or 6.72 points to end at 1,825.49 and SEM10 index plummeted by 0.44…

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