Stock Exchange of Mauritius

Exchange entity Stock Exchange of Mauritius (SEM)
Conducts business in Mauritius
Number of listed companies (dec./16) 76
Domestic market capitalization (in Millions USD, dec./16) 7,605
Has signed the SSE Commitment Letter? Yes
Has prepared SSE Communication to Stakeholders? No
Requires ESG reporting as a listing rule? No
Offers ESG related training? No
Provides sustainability-related indices? yes:
Has green bond listings? No
Additional Information
Organizational model of stock exchange
  • Public company; demutualized in 2000
Regulatory bodies
  • Financial Services Commission of Mauritius
Regulatory model
  • Limited Exchange Self-Regulatory Organization (SRO) ModelUnder the Securities Act 2005, the Financial Services Commission is responsible for monitoring the operations of the stock exchange. However, the Stock Exchange of Mauritius has full regulation over listing requirements, compliance and market supervision.
About the stock exchange
  • Location: Port Louis, Republic of Mauritius The Stock Exchange of Mauritius Ltd (SEM) is a multi-asset class internationalised Exchange which lists a variety of products. In the years to come, the split of listings on SEM is expected to consist of more international funds, international issuers, specialised debt instruments, Africa-based ventures, mineral companies a broader range of ETFs and structured products. The SEM has a multi-currency capital-raising, listing , trading and settlement platform and is the only Exchange in Africa that can list and trade products in USD, Euro, GBP and ZAR. The SEM also aspires to become a centre of attraction for regional and global capital. SEM is today a full-fledged member of the World Federation of Exchanges (WFE) and has been awarded for the second consecutive year in 2012, the “Most Innovative African Stock Exchange of the Year Award”.  Source
Ownership of Exchange (Shares >4% only) Share
The Anglo Mauritius Assurance Society Ltd 15.00%
State Insurance Company of Mauritius Ltd 7.50%
Mauritius Telecom Ltd 7.50%
Bramer Capital Market Brokers Ltd 7.50%
Mirabel Investments Ltd 6.89%
Mauritian Eagle Insurance 6.06%
Newton Securities Ltd 5.76%
MCB Stockbrokers Ltd 5.44%
Plasmo Ltd 4.92%
Ramet Investment Ltee 4.85%
SBM Securities Ltd 4.83%
Azelbourne Financial Services Ltd 4.83%
Island Life Assurance Co Ltd 4.50%