The takeover bid for SOTUVER submitted by Dutch glassmaker B.A Glass dominated Tunis Stock Exchange headlines during the week of March 9-13, 2026, yet failed to prevent the TUNINDEX from shedding 0.55% on Friday to close at 15,413.59 points, while the TUNINDEX20 retreated 0.58% to 6,868.22 points. Banking sector weakness, combined with Brent crude's surge to $103.63 per barrel (+4.7% weekly), weighed on overall sentiment in a fragmented market where 22 stocks advanced versus 23 decliners and 30 unchanged.
TUNINDEX: 15,413.59 points (-0.55% session)
TUNINDEX20: 6,868.22 points (-0.58% session)
Brent: $103.63/bbl (+4.7% weekly)
USD/TND: 2.9295 (+0.50%)
SOTUVER: Trading suspended for 41.28% takeover bid
Market Context: A Week of Selective Caution
The week was characterized by dispersed sectoral performance, marked by insurance resilience and financial institution weakness. The benchmark index oscillated within a tight range, reflecting investor caution amid Middle East geopolitical tensions that propelled Brent up 4.7% since Monday to reach $103.63 per barrel. This oil price spike, fueled by supply disruption fears related to the Iran conflict cited by BMO and Pimco, weighs particularly heavily on Tunisia, a net energy importer where the energy bill represents nearly 13% of total imports according to the National Institute of Statistics (INS).
