Mauritius Commercial Bank (MCB), the country’s biggest lender by market value, headed for its biggest decline in almost two months.
The stock retreated 2 rupees, or 1.2 percent, the most since Feb. 21 on a closing basis, to 165 rupees by 10:47 a.m., in Port Louis, the capital.
The lender has a 25 percent weight in the 38-member SEMDEX index of the exchange’s official market, according to data compiled by Bloomberg.
MCB MP <Equity>
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