Stock Market Update: Rs 537 Million in Heavy Trading & Market Movements

In the second week of June, the Mauritius Stock Exchange experienced high trading volumes on its multi-currency platform, with approximately 11.3 million shares exchanged, totaling Rs 537.3 million.

The biggest transactions involved five companies:

• MCB Group Limited: Rs 292.4 million
• Rogers & Company Limited: Rs 176.2 million
• New Mauritius Hotels Limited: Rs 10.2 million
• IBL Ltd: Rs 5.1 million
• CIEL Limited: Rs 5 million

The SEMTRI, the total return index, declined by 2.30% over the week, closing at 10,607.17 points on Wednesday, June 18, 2025. The SEMDEX ended the week at 2,288.13 points, while the SEM-10, which tracks the top market cap companies, closed at 424.35 points.

Market capitalization on the official market was Rs 365.1 billion at Wednesday’s close. Out of 64 listed stocks:

• 7 gained value
• 32 stayed unchanged
• 25 declined

The top gainers included Innodis Ltd (+10.34%), National Investment Trust Ltd (+3.66%), Ziweto Holdings Limited (USD) (+3.55%), SBM Holdings Ltd (+1.81%), and New Gold ETF (+1.54%).

The biggest declines were Grit Real Estate Income Group Limited (USD) (-28.57%), Harel Mallac Ltd (-17.39%), Sun Limited (-13.85%), P.O.L.I.C.Y Ltd (-10.00%), and CIEL Limited (-8.14%).

A list of the 10 companies with the highest total annualized returns since their IPO shows performances ranging from 12.64% to 19.81%. These companies operate across various sectors.

On the Development & Enterprise Market (DEM), the DEMEX and DEMTRI indices closed at 225.29 and 384.29 points respectively on Wednesday. The market capitalization was Rs 42.5 billion, with Rs 7.7 million in trades during the week.

The top ten DEM-listed companies by total annualized return since IPO are: The Union Sugar Estates Co. Ltd, Livestock Feed Ltd, Phoenix Investment Company Ltd, Associated Commercial Ltd, United Bus Service Ltd, Swan Life Ltd, ABC Motors Company Ltd, Excelsior United Development Companies Ltd, Compagnie Immobiliere Ltée, and Les Moulins de la Concorde Ltée. Their returns range from 11.47% to 23.38%.

International markets also declined this week. The Dow Jones fell by 1.52%, and the Nasdaq by 0.98%. European indices DAX, FTSE 100, and CAC 40 dropped by 2.30%, 0.22%, and 1.55%, respectively.

Source: l’Express