Memorable day on the Tunisian financial market: the flagship index of the Tunis Stock Exchange, the Tunindex, surpassed the symbolic threshold of 13,000 points for the first time in its history on Thursday, closing at 13,046.48 points, up 1.42% from the previous day.
This new record is part of an upward trend that began at the start of the year, with the index showing an impressive annual gain of more than 31% according to official data from the Tunis Stock Exchange.
The upward trend was supported by the positive performance of the main large-cap stocks, particularly in the banking sector.
Shares of BIAT (+2.2% at 111.900 dinars), Attijari Bank (+1.5% at 66.000 dinars) and BH Bank (+1.8% at 10.800 dinars) were among the market leaders.
On the industrial side, Poulina Group Holding (PGH) held steady at a solid level of 17.100 dinars, confirming its status as a safe-haven stock for institutional investors.
Sector indices follow the same euphoric trend: the consumer goods index has soared by 44.46% since January, the industrial index has gained 30.67%, while the financial services index has advanced by 28.85%.
According to several analysts, this strength reflects a renewed investor confidence, fueled by the relative stability of the dinar and the recovery in listed companies’ profits, comments a local financial analyst.
For the coming months, analysts anticipate a continuation of the upward trend, although caution is still advised given the evolving macroeconomic and monetary context.
Breaking through the 13,000-point mark is a symbolic milestone, but the market will need strong fundamental drivers to consolidate this level, the financial analyst emphasizes.
