HomeNewsTunisia: sharp increase in stock market capitalization in 2017

Tunisia: sharp increase in stock market capitalization in 2017

The stock market capitalization has increased by 2,552 MD, or 13.22% to 21,852 MD against 19,300 MD at the end of 2016.

This is what was indicated in the balance sheet of the Tunis Stock Exchange for the year 2017.

This strong growth is attributed to the increase in the valuation of shares of the large listed companies, following mainly price increases and the issuance of new shares: Poulina Group Holding (+ 562MD), BIAT (+ 534MD), Attijari Bank (+356 MD), SFBT (+340 MD), One Tech Holding (+254 MD) and SAH (253 MD).

The volume traded on the stock exchange reached 2,408 MD against 1,741 MD in 2016, i.e. an increase of 38.3%.

The daily volume of trade thus increased to 9.6 MD in 2017 against 6.9 MD in 2016.

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