Stock Exchange of Mauritius

The exchange has classified these companies into seven categories, namely: banks and insurance, industry, investments, sugar, commerce, leisure and hotels and transport.

Trading takes place five days a week and is conducted through an open outcry, order-driven and single-price auction system.

Major developments took place through the establishment of a new electronic clearing and settlement system and the introduction of daily trading (at the end of 1997).

Future planned developments include the introduction of a new electronic trading system and the listing of new financial products on the stock market.

Foreign investors do not need approval to trade shares, unless the investment is for the purpose of legal or management control of a Mauritian company.

The exchange, in collaboration with international advisers, drafted new listing and reporting rules to ensure greater transparency for investors.