TUNINDEX slips 0.36% as CMF issues anti-money laundering guide

Tunisia’s TUNINDEX fell 0.36% to 18,638.99 on Oct. 16, while the TUNINDEX20 lost 0.39% to 8,165.56, with banks down 0.51% and insurers off 1.02%. Basic materials cushioned the decline with a 0.51% rise to 8,314.24, while the building and construction materials index added 0.24% to 808.83, according to market data. The CMF on Oct. 16 issued a practical guide on anti-money laundering, counter-terrorism financing and arms proliferation compliance requirements, according to the regulator. In stocks, foreign flows jumped to 218 million dinars in the first half, driven by BA Glass-SOTUVER, according to Tustex, while SOTUVER’s earnings were supported by an insurance indemnity as operating profitability eroded, according to African Manager; UNIMED is seeking 2 independent directors, according to Tustex, and Delice Holding secured approval for a 60.4 million dinar dividend, L'Économiste Maghrébin reported.