HomeNewsTunindex slips just 0.83%, holds firm above 15,000 points

Tunindex slips just 0.83%, holds firm above 15,000 points

The closing bell rang on a note of caution at the Tunis Stock Exchange. The benchmark index, the Tunindex, ended the session down 0.83%. While the decline is notable, it remains contained given the overall market conditions, allowing the index to stay above the symbolic threshold of 15,000 points.

Market sentiment was particularly gloomy on Monday. Of the 65 stocks that recorded movements, the balance of changes leaned heavily towards declines: 40 securities closed in the red, only 13 securities managed to climb into positive territory, while the rest of the stocks remained unchanged.

Activity was relatively dynamic for a first session of the week. The overall trading volume approached the 10 million-dinar mark, a sign that investors remain active despite the correction. This significant liquidity suggests portfolio reallocations or strategic profit-taking on some of the market’s leading large-cap stocks.

Although most lines on the dashboard show negative performance, the Tunindex’s resilience above 15,000 points offers psychological relief to traders.

The rest of the week will be decisive in observing whether this support level will attract new buyers or if selling pressure will eventually break it.

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