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Thursday 16 July 2020
Home News Tunisia: TUNINDEX posts 8.97% drop in Q1 2020

Tunisia: TUNINDEX posts 8.97% drop in Q1 2020

Tunisia’s stock exchange benchmark index (TUNINDEX) posted an 8.97% drop during the first quarter (Q1) of 2020, against 5.64% during the same period in 2019.

The TUNINDEX20 showed, during the same period, the same trend with a fall of (-10.37%) against a drop of (-6.43%) during the same period in 2019, according to the note on the evolution of indexes and revenues of listed companies published by the Tunis Stock Exchange on Thursday.

Two of the thirteen sector indexes published by the Stock Exchange recorded positive performances at the end of Q1 of 2020.

The best performances were posted by the financial services index (3.34%) and the distribution index (0.27%).

Meanwhile, 11 sector indexes posted negative returns. The basic materials index experienced the largest drop with (-22.02%) followed by the household and personal care products index (-20.52%) and the automotive and parts manufacturers index (-18.09%).

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