MCB Dominates Trading: Rs 211 Million in 491,000 Shares

MCB has dominated the trading activity with a total of Rs 211 million exchanged over 491,000 shares. The stock market closed positively for the week ending December 19, with total trades amounting to 1.25 million shares valued at Rs 233 million. MCB accounted for most of this activity, with 490,971 shares traded, totaling Rs 211 million. NMH recorded a volume of 176,848 shares, while SBMH noted 160,190 shares traded.

In terms of performance, several stocks saw an increase in value. Altéo rose by 4.31%, Emtel by 0.84%, and ER Group by 1.21%. IBL gained 0.85%, LUX increased by 1.96%, SBMH by 0.31%, and CIEL by 0.23%, contributing to the market's weekly trend.

The previous week, which ended on December 12, showed mixed dynamics. The hotel sector demonstrated some resilience, while the overall index continued to decline. On December 11, LUX advanced by 8.51%, NMH by 2.23%, and SUN by 0.35%, with a total volume of 2.76 million shares worth Rs 71 million.

On December 12, LUX added 1.96%, SUN increased by 0.12% to Rs 43.20, while NMH remained stable at Rs 13.75. Banking stocks declined, with MCB down 0.17% and SBMH down 0.60%.

In November 2025, the SEMDEX dropped by 3.25%, closing at 2,388.84 points, while the SEM-10 decreased by 4.14% to 448.15 points. Market activity on the official market increased by 3.6% compared to October, with total transaction value reaching Rs 1,029.9 million. MCBG dominated the market, accounting for 51.9% of total revenue, followed by SBMH (5.6%) and NMH (3.8%). Despite the index declines, the significant contributions from large capitalizations supported overall trading volumes.

On December 22, 2025, the Mauritius Commercial Bank (MCB) will release 2,346,147 new ordinary shares for trading on the Mauritius Stock Exchange. This issuance follows a stock dividend program approved by the Board of Directors on November 25, 2025, allowing shareholders who opted for stock dividends to receive a total of Rs 929,753,159.25. The shares issued on December 19 bring the total number of ordinary shares outstanding to 263,929,938. Investors will be able to trade these shares on the scheduled date, in accordance with the stock exchange procedures in place.