Mauritius Stocks Gain Most in 5 Weeks, Led by Mauritius Leasing

Mauritius’s stock gauge rose the most in more than five weeks, led by Mauritius Leasing (MLC) Co. Ltd.

The 38-member SEMDEX (SEMDEX) index advanced 0.4 percent, its biggest intraday rise since Feb. 15, to 1,767.13 by 10:26 a.m., in Port Louis, the capital.

Mauritius Leasing gained for a fourth consecutive day, rising 19 percent to 10.60 rupees, its highest intraday level since May 2004. The stock has surged almost 32 percent this year, according to data compiled by Bloomberg.

To contact the reporter on this story: Kamlesh Bhuckory in Port Louis at kbhuckory@bloomberg.net

To contact the editor responsible for this story: Antony Sguazzin at asguazzin@bloomberg.net

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