Stock Exchange Of Mauritius (SEM) Market Review For 2015: “Record Year” For Capital Raising And Trading

The Stock Exchange of Mauritius has set itself the goal of positioning itself as a leading exchange in Africa (and internationally).  To this end the SEM is becoming more and more an attractive option for listing, capital raising and trading for both local and international issuers.
Latest figures released in the SEM’s Market Review for 2015 show an impressive and “record-breaking” year for capital raised and trading activities, reflecting an exchange that is only going from strength to strength.
Below are some of the main figures released by the SEM:
For trading activities, and representing a 6% increase on the 2014 figures, transactions on both the Official Market and the DEM came to approximately USD 552,777,777 (Rs 19.9 billion).
Total value traded on the Official Market grew by 8.7% during 2015, standing at approximately USD 500 million (Rs 18 billion) at the end of the year.
Volume traded during 2015 increased by 47%, with 4.1 billion shares at the end of December 2015.
For capital raising, 2015 boasted an impressive 84% increase since the previous year, with a total of approximately USD 1.2/ USD 1.3 billion (Rs 46 billion) (in the form of rights issues, new issues, bond issues and private placements) raised on SEM’s markets.
The market, however, did experience a downturn for 2015, with the SEMDEX losing 12.67% during the year.
Osiris have been very involved in a number of these listings and capital raisings over the past year, and have found the SEM to be a very attractive exchange for companies focused on Africa in particular.
We invite anybody interested in listing on the SEM to contact Kate Holland in our Mauritius office for further information on or +230 650 4030.