An Economist in Paradise

Mauritian Stocks: Quick Update

Posted by fazeer on 16 April, 2008

In a previous post on the booming stock market in Mauritius, I brushed aside the possibility of a bubble, despite a 130% rise over the past 2 years. There has indeed been some inevitable corrections as the financial crisis took a global dimension, with stocks of financial institutions being the worst hit. Yet, against this backdrop, the Mauritian stock market can be said to have performed rather well, as the following figure illustrates:

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