Mauritius Stock Exchange Extends Bullish Run as Market Cap Hits Rs 361.2 Billion

The Stock Exchange of Mauritius (SEM) maintained its upward momentum this week, with the Official Market’s total capitalisation reaching Rs 361.2 billion at the close of Wednesday’s session on 22 April 2026.

The market’s primary yield indicator, the SEMTRI, finished the day at 10,846.87 points, securing a weekly gain of 86.97 points.

Simultaneously, the SEMDEX rose by 0.75% to close at 2,271.52 points, while the SEM-10—the index tracking the exchange’s ten largest capitalised stocks—settled at 431.54 points.

Trading Activity and Blue-Chip Performance

Investors moved a total of Rs 184.4 million in volume over the week.

Market activity was heavily concentrated in several key listings:

• MCB Group Limited: Rs 92 million
• ER Group Limited: Rs 11.4 million
• Alteo Limited: Rs 10.8 million
• CM Diversified Credit Ltd: Rs 10 million
• CIEL Limited: Rs 7.8 million

Of the 65 listed securities, 16 ended the week in the green, 32 remained stable, and 17 recorded losses.

Major Movers

The week’s standout performer was Automatic Systems Ltd, which surged by 9.68%. Other notable gainers included ABCB Holdings Ltd (+2.50%) and MCB Group Limited (+2.46%).

On the losing end, the Mauritius Chemical & Fertilizer Industry Ltd saw the sharpest drop, falling 13.04%, followed by Omnicane Ltd at -4.76%.

Historical data for the exchange’s top ten companies shows robust long-term growth, with annualised total returns since their initial listing ranging from 11.50% to 19.44%.

Development & Enterprise Market (DEM)

The secondary market also showed steady results. The DEMEX and DEMTRI indices closed at 215.98 and 381.46 points respectively, with a total market capitalisation of Rs 33 billion.

Weekly turnover on the DEM reached Rs 7 million. Top-tier performers on this market, such as The Union Sugar Estates Co. Ltd and Phoenix Investment Company Ltd, have delivered annualised returns between 10.56% and 21.67% since their market debut.

Global Market Comparison

The local gains occurred amidst a volatile international backdrop. In the US, the Nasdaq and Dow Jones climbed 2.63% and 1.27% respectively.

However, European markets faced downward pressure, with the FTSE-100 dropping 1.05% and the CAC-40 falling 1.11%, contrasting with a slight 0.94% gain for the DAX.

Source: l’Express