Consider why you want to invest in the market – what are your investment objectives? Consider whether these objectives are sound and realistic and how you are going to achieve them, and last but not least contact a broker licensed with the Exchange. This goes to mapping out your investment strategy. Then there are the practicalities of actually investing – of doing it. This section of SEM's website is targeted to existing and prospective retail investors and college/university students with a view to sharpening their appetite to stock market operations and developing an investment culture in Mauritius.
The primary purpose of this section is to help you do your homework, before you then contact a licensed investment dealer for investing on the Stock Exchange. And of course, this is just the start of the journey. After going through the basics below, please continue exploring through this section of the website, the maze of free SEM investor education material/publications and online classes built for different investor levels, with the aim of educating and empowering you to take control and play an active role in your future wealth creation.
Get started on your investment journey today by navigating on SEM's website and going through our free education material, digital investor tools and interactive investor services which are easy to understand, easy to access, interactive and fun to use, in order to:
Get the basics
Read the FAQ's below to know how the SEM operates.
Buying or selling a share involves brokerage fees, which are charged by your stockbroker (see table below).
Investing on the Stock Exchange allows you to:
Once you open your account with a licensed investment dealer (stockbroker) and signed our client indemnity agreement, you will be able to place your transaction orders with your stockbroker either in person, by telephone, email, fax, or by text message (as authorised by the indemnity agreement) or via mySEM. Upon receiving your order, the stockbroker will place it on the SEM's Automated Trading System (ATS) and its execution should in most cases be instantaneous. Once the trade is effected, your stockbroker will promptly send you a trade confirmation together with the applicable contract notes. Settlement is generally effected by cheque or bank transfer on the third day following the trade (i.e. termed as T+3). Hence, after effecting a purchase transaction, you will be required to settle your payment at latest 3 days after the trade. Similarly, when a sale is effected, your stockbroker will reciprocate by having settlement payments made over to you on T+3.
It is possible for you to buy or sell shares on the SEM in any amount and quantity. There are two automated stock trading boards on the SEM : the 'Main' and the 'Odd lot'. The Main board allows buying and selling of shares to take place in multiples of 100. On the other hand, the trading of between 1 and 99 shares requires the use of the Odd Lot board. Pricewise, any order must fall within the daily spread of the market price (i.e. 20% below or above).
To ensure that an order is placed to your requirements, it is generally recommended that you at least include the following details with your order:
Learn about investing on the SEM
Take the SEM Online Courses to find out what you learn about investing on the Stock Exchange of Mauritius.
View the market online and learn how to place an order via mySEM mobile app
Contact your broker
You've done your homework and now you're ready to start trading. Find a broker to suit your investment needs: Find a broker
Keep up to date
Find out what's happening in the market by following SEM's website.