Stock market regains momentum at end of Thursday’s session up 0.2%.


The stock market regained momentum at the end of Thursday’s session (+0.2% to 8,419.2 points), reducing its annual underperformance to -3.8%, as reported by broker Tunisie Valeurs.

Despite the execution of two block trades in UIB shares (for a total value of TND 2.7 million), trading volumes were low during the session, amounting to TND 6.1 million.

The best performer of the session was CELLCOM. The stock of the EVERTEK brand distributor rose 4.1% to TND 1.510 on a meagre flow of TND 2,000. After a prolonged downturn, SFBT shares showed signs of recovery during the session.

The stock of Tunisia’s leading beverage company gained 1.8% to TND 11.300. Among the most dynamic stocks of the session, SFBT attracted trades worth TND 553,000.

On the downside, BH shares suffered one of the biggest falls of the session. Shares in the state-owned bank fell 2.6% to TND 11.100. The value was traded at only TND 6.000 during the session.

SMART Tunisia’s shares also ended the session on a gloomy note. The stock of the le
ading IT distributor in Tunisia fell by 1.9% to TND 15.700. The value generated a reduced volume of TND 28,000 during the session.

Thanks to the two block trades mentioned above, UIB’s stock was the leader in terms of turnover. The shares of the Société Générale subsidiary ended the session in negative territory (-0.1% at TND 26.950), injecting TND 2.7 million into the market.

Source: Agence Tunis Afrique Presse