Mauritian stocks advanced the most in two weeks

Mauritian stocks advanced the most in two weeks, led by the Mauritius Commercial Bank, the Indian Ocean island’s biggest lender by market value.

The 37-member SEMDEX index climbed for a second day, adding 0.6 percent to 2,061.6 points by 12 p.m. in Port- Louis, the biggest gain on a closing basis since April 8.

MCB, which accounts for about 24 percent of the benchmark index, increased 1.1 percent or two rupees to 178 rupees. A close at this price will be its highest in a week.