SEMDEX has achieved a new record in Mauritius

The Stock Exchange of Mauritius Index (SEMDEX) has achieved a new record. On Wednesday, it closed at a new record, that is, 2105.62 points.

The earlier SEMDEX record was noted on February 18, 2008. This was 2101.34 points.

Since the beginning of 2011, the SEMDEX has made an improvement of 7.02 per cent. This stock index, an indicator of the economy, gives important information to entrepreneurs and investors.

According to representatives of the stock exchange, companies are in good shape and the actions led by the government, mainly in the tourism sector, have contributed to the trust which was previously lost.

It must be noted that the promotion efforts of the stock exchange with the public proved fruitful.

The marketing efforts undertaken by the stock exchange on the international stage have proved successful.

The Stock Exchange of Mauritius (SEM) became a member of the World Federation of Exchanges in 2005. It was designated Recognised Stock Exchange by the United Kingdom’s Her Majesty’s Revenue and Customs on January 31, 2011.

In March 2010, SEM was recognised as a stock exchange by the Association of Cayman Islands Monetary Authority (CIMA).