The Stock Exchange of Mauritius stands as one of the largest and most innovative Capital Raising and Listing platforms of the African landscape. SEM is the main player in the Mauritian capital markets; it is currently the only exchange in the country following the exit of Bourse Africa from the market. SEM has been a member of the World Federation of Exchanges since 2005 and has been live on Bloomberg since 2009. SEM also won in September 2017 for the fourth time in seven years the “Most Innovative African Stock Exchange of the year Award” at the Ai Institutional Investment Summit and Capital Markets Index Series Awards 2017 organised by Africa investor (Ai), a leading international research and communication group.
SEM is the only Exchange in Africa and one of the rare Exchanges in the world to possess since 2011, a multi-currency listing and trading technology platform, which is also open for dual-currency trading and can list, trade and settle equity and debt products in USD, EUR, GBP, ZAR besides the local currency MUR. international investors have become key participants to the SEM’s markets. Local investors account for about 55 % of the daily trading activities, and foreign investors account for the 45 % remaining
SEM is one of the premier exchanges in Africa and became one of the few markets in the world to offer a multi-currency listing and trading technology platform, it facilitates International Capital Raising through multi-currency listing, trading and settlement platforms in USD, EURO and GBP, ZAR and MUR.
Another important addition to SEM’s innovative drive relates to the introduction of dual-currency trading in 2016 on international products. The objective is to offer investors the option to trade securities that are currently only traded in foreign currency, in MUR as well. With this facility, investors who hold securities denominated in foreign currency have the choice to trade and settle their securities either in foreign currency or in MUR.
Having adopted an internationalisation strategy, SEM has quickly positioned itself as a Capital Raising hub for both regional and global players.
Lemuel together with its specialist partners can assist in Capital Raising and listing in Mauritius.