– Some 73 listed companies have communicated their activity indicators for the 4th quarter of 2021, at the end of January 2022, i.e. 91% of the list, Director General of the Tunis Stock Exchange Bilel Sahnoun said Wednesday.
Speaking at a press conference on the stock market activity in 2021 and January 2022, Sahnoun added five companies have not yet published their indicators to date. These are AMS, GIF-Filter, MIP, SIPHAT, and UADH.
The overall income of listed companies grew 13% in 2021, compared to the same period in 2020, to 20.6 billion dinars against 18.2 billion dinars. Thus, 84% of the companies that published their indicators, i.e. 63, improved their cumulative income, he said.
Revenues have increased in eight sectors out of nine, achieving better performance in the industrial sector (23.7%) and basic materials (22.9%). Only the health sector suffered a drop of 4.8%.
The Tunisian market does not obey the criteria of choice of foreign investors
In 2021, the share of foreigners in the market capitalization was 23.1%, at 23,262 MD.
Between 2020 and 2021, the foreign share-holding rate decreased by 2.15 percentage points. However, this share remains stable during the period 2017-2021, ranging from 23.3% to 2017 and 23.1% in 2021.
However, the balance of net flows of transactions carried out by foreigners (the difference between acquisitions by foreigners and disposals by foreigners) is in deficit during four years, with rates of -277 MD in 2021, -86 MD in 2020, -108 MD in 2018 and -154 MD in 2017. In 2021, this deficit balance was the result of foreign acquisitions of 53 MD against sales of 331 MD.
In 2021, the Tunindex made a profit of 2.34% against a fall of 3.33% in 2020.
The largest increases were recorded in March (+6.17%) and May (+3.22%), and the largest decreases in October (-3.34%) and January (-3.30%)
The market capitalization increased slightly by 170MD or 0.74% compared to the end of 2020.
Thus, financial companies (banks, leasing companies, insurance and investment companies) still dominate the market capitalization with a share of 42.3%.
