The Mauritius stock exchange: An assessment

  • SK Bundoo
Keywords: Stock Exchange, Mauritius, Stock Market Development

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

Section
Articles

Journal Identifiers


eISSN: 1694-0342