TUNINDEX falls 1.35%, banks drop 1.75% despite ICF jumping 5.8%
The TUNINDEX fell 1.35% to 17,285.34 points on May 20, while the TUNINDEX20 lost 1.58% to 7,633.23 points, with banks down 1.75% and financial companies off 1.53%. Basic materials dropped 2.98% to 8,272.26 points after rising 1.54% on May 18, according to an analyst market report, marking a sharp sector reversal in 2 sessions. ICF jumped 5.8% despite the broader decline, according to a May 20 analyst report, while distribution edged up 0.08% and insurers gained 0.74%. On earnings, UNIMED reported 148.9 million dinars in revenue and a 16.8 million dinar profit in 2025, with earnings under pressure according to La Presse de Tunisie and Tustex, while Carthage Cement's profit fell to 40.1 million dinars in 2025, according to La Presse de Tunisie.
Related stories
Le Conseil du Marché Financier et la Banque de France renforcent leur coopération au service de l'éducation financière
Tunis Stock Exchange — TUNINDEX Slips 0.38% as SOTUMAG Jumps 6% and Distribution Leads
The TUNINDEX fell 0.38% in the week to August 7, 2026, even as Distribution and Consumer Services rose 1.51%. SOTUMAG gained 6%, but weaker banks and negative breadth, with 18 advancers against 35 decliners, kept the market under pressure.
TUNINDEX slips 0.19% as SOTUVER tender offer opens at 13.390 dinars
The TUNINDEX fell 0.19% to 20,118.58 on August 6, while the TUNINDEX20 lost 0.28% to 8,852.03, with financial services down 1.21% leading the decline. Distribution and consumer services capped losses with gains of 1.27% each, while the industrials index dropped 0.66% and building and construction materials slipped 0.48%. On the stock side, Smart Tunisie jumped 6% on August 6, after Wifack International Bank rose 4.4% on August 5, according to market notes. Separately, the mandatory tender offer for SOTUVER at 13.390 dinars opened on August 5 and trading was suspended, reports Tustex, after Webmanagercenter said the deal organizes joint control between B.A Glass and the Bayahi group. Webmanagercenter added that SOTUVER’s H1 2026 results were reshaped by a 143% rise in the local olive oil market.