Mauritius Stock Exchange
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Mauritius Stock Exchange
The Stock Exchange of Mauritius (SEM) (french: Bourse de Maurice); is an organization responsible for the operation of Mauritius's primary stock exchange located at Port Louis. The SEM operates two markets: the Official Market and the Development & Enterprise Market (DEM). There are 40 companies listed on the Official Market representing a Market Capitalization of nearly 5.3 billion, the DEM presently has 48 companies listed with a market capitalisation of nearly 1.5 billion as at 31 July 2012. SEM is one of the leading Exchanges in Africa and a member of the World Federation of Exchanges. Overview The SEM's "Official Market" has three market indices: SEMDEX, SEMTRI and SEM-10. History The Stock Exchange Act 1988 established a small but thriving exchange which is run by the Stock Exchange of Mauritius Ltd (SEM), a private limited company. The act also established the Stock Exchange Commission (SEC), which controls and supervises stock exchange operations. Two markets operate ...
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SEM LOGO
SEM can refer to: Computing * Search engine marketing, promoting websites by increasing their visibility in search engine results * Security event manager, a security log tool used on data networks Economics and management * Stock Exchange of Mauritius, the principal stock exchange of the island country of Mauritius * Strategic enrollment management, an element of planning for new growth at a university or college Energy * Single Electricity Market, the integration of the electricity sectors of the Republic of Ireland and Northern Ireland in a single market * Strategic energy management, continuous improvement process for energy efficiency based on behavioral change Mathematics and statistics * Structural equation modeling, in data analysis * Simultaneous equations model, in econometrics * Standard error#Standard error of the mean, Standard error of the mean in statistics Places * Craig Field (Alabama), US airport, IATA code * Sem, Ariège, France * Sem, Norway S ...
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Stock Exchanges In Africa
In finance, stock (also capital stock) consists of all the shares by which ownership of a corporation or company is divided.Longman Business English Dictionary: "stock - ''especially AmE'' one of the shares into which ownership of a company is divided, or these shares considered together" "When a company issues shares or stocks ''especially AmE'', it makes them available for people to buy for the first time." (Especially in American English, the word "stocks" is also used to refer to shares.) A single share of the stock means fractional ownership of the corporation in proportion to the total number of shares. This typically entitles the shareholder (stockholder) to that fraction of the company's earnings, proceeds from liquidation of assets (after discharge of all senior claims such as secured and unsecured debt), or voting power, often dividing these up in proportion to the amount of money each stockholder has invested. Not all stock is necessarily equal, as certain classes ...
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List Of Stock Exchanges
This is a list of major stock exchanges. Those futures exchanges that also offer trading in securities besides trading in futures contracts are listed both here and in the list of futures exchanges. There are sixteen stock exchanges in the world that have a market capitalization of over US$1 trillion each. They are sometimes referred to as the "$1 Trillion Club". These exchanges accounted for 87% of global market capitalization in 2016. Some exchanges do include companies from outside the country where the exchange is located. Major stock exchanges Major stock exchange groups (the current top 21 by market capitalization) of issued shares of listed companies ("MIC" = market identifier code). * Note: "Δ" to UTC, as well as "Open (UTC)" and "Close (UTC)" columns contain valid data only for standard time in a given time zone. During daylight saving time period, the UTC times will be one hour less and Δs one hour more. **Applicable for non-closing auction session shares only. S ...
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List Of African Stock Exchanges
There are 29 exchanges in Africa, representing 38 nations' capital markets. 21 of the 29 stock exchanges in Africa are members of the African Securities Exchanges Association (ASEA). ASEA members are indicated below by an asterisk (*). The Egyptian Exchange (EGX), founded in 1883, is the oldest stock exchange in Africa. One of the oldest bourses (exchanges) on the continent is the Casablanca Stock Exchange of Morocco, founded in 1929 and the JSE Limited in 1887. Today the Casablanca stock exchange, in Morocco is the 3rd largest exchange in Africa, while Johannesburg Stock Exchange is the first, and the Nigerian Stock Exchange (NSE) is the second. There are several notable countries on the continent that do not have a stock exchange. The most notable is Ethiopia, although it does have a commodities exchange in Addis Ababa. In January 2021 a capital market bill was tabled to Ethiopian lawmakers that would establish a stock exchange through a public-private partnership. List Se ...
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List Of Companies Of Mauritius
Mauritius is an island nation in the Indian Ocean about off the southeast coast of the African continent. Since independence in 1968, Mauritius has developed from a low-income, agriculture-based economy to a middle-income diversified economy. The economy is based on tourism, textiles, sugar, and financial services. In recent years, information and communication technology, seafood, hospitality and property development, healthcare, renewable energy, and education and training have emerged as important sectors, attracting substantial investment from both local and foreign investors. Notable firms This list includes notable companies with primary headquarters located in the country. The industry and sector follow the Industry Classification Benchmark taxonomy. Organizations which have ceased operations are included and noted as defunct. File:Sugarcane plantation in Mauritius (reduced colour saturation).jpg, Sugar cane plantation in Mauritius. File: ...
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Futures Exchange
A futures exchange or futures market is a central financial exchange where people can trade standardized futures contracts defined by the exchange. Futures contracts are derivatives contracts to buy or sell specific quantities of a commodity or financial instrument at a specified price with delivery set at a specified time in the future. Futures exchanges provide physical or electronic trading venues, details of standardized contracts, market and price data, clearing houses, exchange self-regulations, margin mechanisms, settlement procedures, delivery times, delivery procedures and other services to foster trading in futures contracts. Futures exchanges can be organized as non-profit member-owned organizations or as for-profit organizations. Futures exchanges can be integrated under the same brand name or organization with other types of exchanges, such as stock markets, options markets, and bond markets. Non-profit member-owned futures exchanges benefit their members, who earn ...
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Bank Of Mauritius
The Bank of Mauritius (french: Banque de Maurice) is the central bank of the Republic of Mauritius. It was established in September 1967 as the central bank of Mauritius. It was modelled on the Bank of England and was, in effect, set up with the assistance of senior officers of the Bank of England. Amongst its responsibilities is the issuance of the Mauritian currency, the Mauritian rupee. History In the 19th Century three separate commercial banks, now all defunct, operated under the Bank of Mauritius name. The first Bank of Mauritius started operations in 1813 or so, but survived only until 1825. The second Bank of Mauritius was a British overseas bank with two boards of directors, one in London and the other in Port Louis. It began operations in 1832 and favored the interests of the planter class. In 1838 traders established Mauritius Commercial Bank to give themselves an alternative source of credit as until its establishment the Bank of Mauritius had a monopoly on t ...
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Withholding Tax
Tax withholding, also known as tax retention, Pay-as-You-Go, Pay-as-You-Earn, Tax deduction at source or a ''Prélèvement à la source'', is income tax paid to the government by the payer of the income rather than by the recipient of the income. The tax is thus withheld or deducted from the income due to the recipient. In most jurisdictions, tax withholding applies to employment income. Many jurisdictions also require withholding taxes on payments of interest or dividends. In most jurisdictions, there are additional tax withholding obligations if the recipient of the income is resident in a different jurisdiction, and in those circumstances withholding tax sometimes applies to royalties, rent or even the sale of real estate. Governments use tax withholding as a means to combat tax evasion, and sometimes impose additional tax withholding requirements if the recipient has been delinquent in filing tax returns, or in industries where tax evasion is perceived to be common. Typical ...
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Capital Gains Tax
A capital gains tax (CGT) is the tax on profits realized on the sale of a non-inventory asset. The most common capital gains are realized from the sale of stocks, Bond (finance), bonds, precious metals, real estate, and property. Not all countries impose a capital gains tax and most have different rates of taxation for individuals versus corporations. Countries that do not impose a capital gains tax include Bahrain, Barbados, Belize, Cayman Islands, Isle of Man, Jamaica, New Zealand, Sri Lanka, Singapore, and others. In some countries, such as New Zealand and Singapore, professional traders and those who trade frequently are taxed on such profits as a business income. In Sweden, the Investment Savings Account (ISK – ''Investeringssparkonto'') was introduced in 2012 in response to a decision by Parliament to stimulate saving in funds and equities. There is no tax on capital gains in ISKs; instead, the saver pays an annual standard low rate of tax. Fund savers nowadays mainly ch ...
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Foreign Currency Account
Foreign may refer to: Government * Foreign policy, how a country interacts with other countries * Ministry of Foreign Affairs, in many countries ** Foreign Office, a department of the UK government ** Foreign office and foreign minister * United States state law, a legal matter in another state Science and technology * Foreign accent syndrome, a side effect of severe brain injury * Foreign key, a constraint in a relational database Arts and entertainment * Foreign film or world cinema, films and film industries of non-English-speaking countries * Foreign music or world music * Foreign literature or world literature * ''Foreign Policy'', a magazine Music * "Foreign", a song by Jessica Mauboy from her 2010 album ''Get 'Em Girls ''Get 'Em Girls'' is the second studio album by Australian recording artist Jessica Mauboy, released on 24 August 2010 by SRC Records and Universal Republic Records. Mauboy recorded the album in Los Angeles, New York City and Atlanta. She worke ...'' * ...
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African Stock Exchange Association
ThAfrican Securities Exchanges Association(ASEA) was incorporated in 1993 in Nairobi (Republic of Kenya). ASEA's aim is to provide a formal framework for the mutual co-operation of securities exchanges in the African region. Its functions include the exchange of information and assistance in the development of member exchanges. There are 30 exchanges in Africa, representing 39 nations' capital markets. ASEA has 26 Full Members and 6 Associate Members in 2022. Related Organisations *Bolsa de Valores de Cabo Verde - Praia, Cape Verde *Bolsa de Valores de Mozambique - Maputo, Mozambique *Botswana Stock Exchange - Gaborone, Botswana *Bourse Regionale des Valeurs Mobilieres - Abidjan, Côte d'Ivoire *Bourse des Valeurs Mobilières de Tunis - Tunis, Tunisia *Casablanca Stock Exchange - Casablanca, Morocco *Egyptian Exchange - Cairo, EgyptFMDQ Securities Exchange- Lagos, Nigeria *Dar es Salaam Stock Exchange - Dar es Salaam, Tanzania *Douala Stock Exchange - Douala, Cameroon *Ghana Stock ...
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