PROMOTING ACCESS TO AFRICAN RESEARCH

University of Mauritius Research Journal

Log in or Register to get access to full text downloads.

Remember me or Register



The Mauritius stock exchange: An assessment

SK Bundoo

Abstract


This paper focuses on three main aspects of the Stock Exchange of Mauritius: the trading mechanism, the  trading progress of the exchange and the regulatory framework. The author finds that low levels of trading activity and high market concentration are severely hampering the development of the exchange. It is also found that returns are serially correlated in the weak-form. Steps taken by the SEM and the SEC to reverse this tendency and to reinforce the regulatory framework are also reviewed.


Keywords: Stock Exchange, Mauritius, Stock Market Development




AJOL African Journals Online