Stock market: Downtrend continues on Wednesday

The downward trend on the Tunis Stock Exchange continued on Wednesday. The benchmark index fell by 0.31% to 8965.22 points on a low volume of TND 1.5 million, according to Tunisie Valeurs, the stock market broker. SOTIPAPIER was at the top of the podium. The paper manufacturer’s stock rose by 5.8% to TND 6.770 TND on a volume of TND 7,000. ESSOUKNA ended the session on an optimistic note. The property developer was up 2.3% at TND 13,300, generating a modest flow of TND 15,000. STIP was in the red lantern of the Tunindex. The share of the tyre specialist fell by 4.4% to TND 4.150 TND. The value drained a weak flow of 2,000 dinars during the session. Since the beginning of the year, the stock has witnessed a poor market performance and closed with a slight increase of 3.8%. BT was one of the biggest losers. Private Banking shares fell 1.7% to TND 5.250. The value of the exchange was weak, reaching TND 32,000. Euro Cycles was the most active during the session. The value ended in negative territory, falling 0.4% to TND 16,040 D. The share of the cycle specialist supplied the market with capital of TND 337,000.

Source: EN – Agence Tunis Afrique Presse