The cumulative losses of the Tunis Stock Exchange since the end of 2010 reached 1,700 million Tunisian dinars (MTD), CEO of the Tunis Stock Exchange Mohamed Bchiou told Africanmanager.
These losses are mainly due to events that have occurred since the Revolution of Tunisia, Mohamed Bchiou explained , citing the attack against the U.S. embassy in Tunis, the murder of martyrs , Chokri Belaid and Mohamed Brahmi , and more recently the Mount Chaâmbi events.
He added that the Stock Exchange is struggling to return to its levels in 2010 and despite the IPO of 9 companies in 2013, the recovery has not yet begun.
He noted, however, that stock exchange actors and officials remain optimistic about the future of the stock market because things could change with the IPO of “Tunisie Telecom” and “Tunisiana:” “A strong political will, whatever the government, is needed,” he said.
