Stock Exchange of Mauritius Ltd
Stock Exchange of Mauritius Ltd
About
The Stock Exchange of Mauritius (SEM)'s 30 years of history since its humble beginning is one where the Exchange has constantly strived to break new grounds to overcome the structural constraints of an island economy where the universe of products, investors and market participants is relatively restricted. Since 1989, SEM has come a long way and its transformational journey and successful positioning as one of the leading Exchanges in Africa, is a quite enticing story.


SEM today has a state-of-the-art operating system, trading is effected daily for five-and-a-half hours, the settlement cycle is T+3, the total market capitalisation has crossed the USD 12 billion mark, and the internationalisation process is in full swing. They have set up a multi-currency listing, trading and capital-raising platform and modernised their listing framework to list a wide variety of multi-asset class products. Likewise, they have contributed to the democratisation of the economy by allowing 100,000+ Mauritians acquire shares in the flagship local companies, helped companies raise USD 6.5+ billion over time to fund their growth, and create value for the vast majority of issuers that have chosen to list on their platform.

SEM's transformative momentum took a new turn in 2010 when the Exchange undertook a fundamental shift of its strategic orientation, embarking with the internationalisation of its operational and regulatory framework. The outcome of this strategic shift has been quite compelling. 200+ securities are listed on SEM, cutting across different asset-classes and issued by a diverse group of local, African and international issuers. SEM's market capitalisation to GDP ratio is 90%+, which makes it the highest in Africa (excluding South Africa). SEM today boasts a streamlined listing regime catering for the specialist nature and requirements of a variety of asset classes. These cover equity products (ordinary/preference shares), debt products (fixed income/floating rate debt/specialist debt products and Eurobonds), ETFs, ETNs, DRs and Structured Products. The above products are issued and listed by domestic Issuers, International Issuers, Investment entities, Specialist companies (including GBCs), Mineral & Exploration Companies and Public sector issuers.

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Company Offices

  • Mauritius (headquarters)
  • Port Louis
  • 4th Flr, One Cathedral Square Bldg 16 , Jules Koenig Street Port Louis Republic of Mauritius