Carthage Cement underpins Tunis as TUNINDEX rises 1.3%
The TUNINDEX closed up 1.3% at 19,807.27 points on June 26, while the TUNINDEX20 rose 1.44% to 8,800.08 points. Financials led the move, with the banking index up 1.7% at 14,961.57 points and the insurance index gaining 2.22% to 28,229.61 points, according to market data. Carthage Cement stayed in focus after deciding to distribute a dividend of 0.065 dinars per share for 2025, payable from Aug. 12, according to African Manager and Tustex. The cement maker is also targeting a 55 million dinar profit in 2026, Tustex reported, as the Building and Construction Materials index rose 0.89% to 880.7 points and the Basic Materials index gained 1.72% to 9,456.97 points.
مقالات ذات صلة
TUNINDEX rises 0.27% as SOTUVER stays central to flows and earnings
The TUNINDEX rose 0.27% to 18,606.5 points and the TUNINDEX20 added 0.24% to 8,150.83 on Oct. 20, according to the market note, with financial stocks cushioning pressure from the dinar and oil. Banks gained 0.49% to 14,003.4 points, financial services rose 0.41% to 29,082.18 and financial companies added 0.46% to 15,186.4, offsetting a 1.78% drop in basic materials to 8,226.6. SOTUVER stayed at the center of the story: revenue rose 31% by Sept. 30, according to Tustex, after African Manager reported on Oct. 7 that an insurance indemnity had supported earnings while operating profitability eroded. Foreign flows jumped to 218 million dinars in the first half, driven by BA Glass-SOTUVER according to Tustex, after a sharp Sept. 23 drop in SOTUVER flagged by webmanagercenter, while UNIMED is seeking 2 independent directors, according to Tustex.
Tunindex falls 0.44% as basic materials outperform in Tunis
Tunindex fell 0.44% to 18,557.09 points and Tunindex20 lost 0.42% to 8,131.46 points on Oct. 19, while the basic materials index rose 0.74% to 8,375.55 points, according to market data. Financials weighed on the market, with banks down 0.61% at 13,934.54 points, financial services off 0.69% at 28,964.69 points and insurers lower by 0.27% at 29,479.18 points. The decline followed a weekly drop of 0.36% in Tunindex, with Modern Leasing up 4.3% and Ciments de Bizerte rebounding, according to an Oct. 16 analyst note. In company news, foreign flows jumped to 218 million dinars in the first half, driven by BA Glass-SOTUVER, according to Tustex, even as SOTUVER had already featured among sharp decliners on Sept. 23, webmanagercenter reported. SOTUVER’s earnings were supported by an insurance indemnity while operating profitability eroded, according to African Manager, while UNIMED is seeking 2 independent directors, Tustex said, and Délice Holding won approval for a 60.4 million dinar dividend, L'Économiste Maghrébin reported.
بورصة تونس: مؤشر TUNINDEX يتراجع بنسبة 0.36% خلال الأسبوع مع صعود سهم Modern Leasing بنسبة 4.3%