Ennakl Automobiles leads the tape, but not the whole market
Trading on the Tunis Stock Exchange today, Tuesday, May 19, 2026, was defined by one standout move: Ennakl Automobiles surged 6.0% to 20.03 TND, the session’s most notable gain, while the TUNINDEX index added only 0.03% to 17,521.4 points. That gap matters. It shows a Tunisia stock market still willing to reward specific demand-linked names, but not broad enough to lift the entire board, with 27 stocks up, 32 down, and 16 unchanged.
The macro backdrop helps explain why Ennakl drew buying interest. The U.S. dollar fell 0.81% against the Tunisian dinar to 2.8952 TND, while the euro dropped 1.08% to 3.3568 TND, a supportive short-term signal for an auto importer-distributor whose procurement costs are tied to foreign currency. At the same time, Brent crude remained elevated at $110.31 per barrel, even after a 1.6% daily decline and a 4.3% weekly rise. For Tunisia, a net energy importer, that keeps pressure on transport costs, household purchasing power and fiscal balances.
Key figures
- Ennakl Automobiles: +6.0% at 20.03 TND
- TUNINDEX: +0.03% at