TUNINDEX rises 0.77%, led by banks despite profit pressure in key names
The TUNINDEX rose 0.77% to 17,516.59 points on May 18, while the TUNINDEX20 added 0.81% to 7,769.16, supported by banks at +1.47% and insurers at +1.01%. Basic materials climbed 1.54% to 8,569.51 despite a 0.98% drop in the industrials index to 2,436.87, extending a 0.93% TUNINDEX gain on May 15 and a 24.21% sector advance in 2026, according to Tunis bourse analysts. On earnings, Carthage Cement reported a lower 2025 profit of 40.1 million dinars, according to La Presse de Tunisie, while UNIMED posted 148.9 million dinars in revenue and 16.8 million dinars in profit with earnings under pressure, according to La Presse de Tunisie and Tustex. In trading flows, Délice Holding saw 2 block trades worth 2.4 million dinars and SOTUVER recorded 2 block trades worth 2.5 million dinars, according to Tustex, while Attijari Bank Tunisie will distribute 210 million dinars to shareholders, Le Nouvelliste Maroc reported.
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TUNINDEX rises 0.34%, led by financials despite Carthage Cement drag
The TUNINDEX rose 0.34% to 18,627.16 points and the TUNINDEX20 added 0.32% to 8,150.61 points, supported by financial stocks, according to market data. Banks gained 0.53% to 14,023.41 points, insurers rose 0.83% to 29,934.02 points and financial services added 0.28% to 29,002.83 points, while ASTREE jumped 4.5%, according to an Oct. 13 market note. Construction weighed on trade, with the Building and Construction Materials index down 2.53% at 801.87 points, as Carthage Cement reported first-half profit of 25.1 million dinars, down 10%, according to Tustex, amid a dispute involving tens of millions of dinars with Lazhar Sta, Business News reported. On earnings, SOTUVER posted first-half profit of 7.9 million dinars helped by insurance compensation while operating profitability eroded, according to Tustex and African Manager, and Delice Holding won approval for a 60.4 million dinar dividend, according to L'Économiste Maghrébin.
Tunis Stock Exchange — ASTREE Jumps 4.5% as TUNINDEX Adds 0.34%
ASTREE posted one of the day’s strongest gains on the Tunis Stock Exchange, rising 4.5% to 83.61 TND as financials supported the market. The TUNINDEX climbed 0.34% to 18,627.16 points despite oil pressure and a weaker dinar.