The Stock Exchange of Mauritius 10 Index (SEM-10) Profile
The Stock Exchange of Mauritius 10 Index (SEM-10) is a market capitalisation weighted index that comprises the top 10 companies listed on the Stock Exchange of Mauritius (SEM). The index is designed to measure the performance of the largest and most liquid companies traded on the SEM.
The SEM10 is considered a benchmark index for the Mauritian stock market and is widely used as a performance indicator by investors, analysts, and financial institutions. The index is calculated based on the market capitalisation of each company, with adjustments made for free float and liquidity.
The SEM-10 includes companies across a variety of sectors, including banking, insurance, telecommunications, and tourism. It is a free-float adjusted market capitalisation weighted index, and the index is reviewed and rebalanced on a quarterly basis.
The SEM-10 is widely used as an indicator of the overall health of the Mauritian stock market. It is considered a reliable and accurate measure of the performance of the top companies traded on the SEM. Investing in the companies included in the SEM-10 can provide a diversified portfolio of high-performing companies traded on the SEM. Investing in the SEM-10 can be a good way to gain exposure to the Mauritian economy and to benefit from the growth potential of the top companies listed on the SEM.