The stock market was indecisive in the last week of the year. The benchmark index treaded water at 9,886.98 points.
The general hesitancy of the market reflects the uncertainties about the economic situation and the direction of returns’, according to an analysis by Tunisie Valeurs, the stock market broker.
The Tunindex has performed well since the beginning of 2024, with a cumulative return of 13%.
Despite twelve block trades (with a total volume of 43.5 million dinars), the market saw a slowdown in trading (64.4 million dinars compared with 84.7 million dinars in the week from 16 to 20 December).
It should be noted that the largest block trades were in SOTUVER (two transactions for 12.2 million dinars), TPR (two transactions for 9.9 million dinars) and STAR (two transactions for 6.2 million dinars).
Stock analysis
The best performer of the week was UADH. The stock gained 19.1% to TND 0.560 on a very limited flow of 35,000 dinars.
OFFICEPLAST shares experienced a stock market rally at the end of the year. Shares in the office and school supplies specialist rose 18.6% to TND 1.530. Weekly trading in the stock reached just 88 thousand dinars.
BEST LEASE shares were the worst performers on the Tunindex during the week. The stock fell 7.6% to TND 1.950 in non-trading session.
TELNET HOLDING was one of the biggest losers of the week. The share of the engineering and technology consulting specialist fell by 4.7% to TND 6.100 on a volume of 603 thousand dinars.
