Bloomberg News

Sun Resorts of Mauritius Climbs to 2-Week High After MCB Rating

June 03, 2011

June 3 (Bloomberg) -- Sun Resorts Ltd., Mauritius’s second largest leisure operator by market value, rose to its highest level in almost two weeks after MCB Stockbrokers Ltd. raised its recommendation to “hold” from “sell.”

The stock advanced 1 rupee, or 1.6 percent, to 64 rupees by 1:10 p.m in Port Louis. A close at this level would be the highest since May 23, according to data compiled by Bloomberg.

--Editors: Gordon Bell, Linda Shen

To contact the reporter on this story: Kamlesh Bhuckory in Port Louis at kbhuckory@bloomberg.net

To contact the editor responsible for this story: Gavin Serkin at gserkin@bloomberg.net


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