On Wednesday, June 24, 2026, the Tunis Stock Exchange delivered a striking contrast: SOTUMAG surged 6.0% to 13.46 TND even as market breadth stayed negative, with 23 gainers, 32 losers, and 20 unchanged stocks. That split matters because the TUNINDEX still rose 1.18% to 19,153.71 points, showing that Wednesday’s advance was driven by a few powerful pockets of strength rather than a broad-based rally.
Key figures
- SOTUMAG +6.0% at 13.46 TND
- TUNINDEX +1.18% at 19,153.71
- TUNINDEX20 +1.42% at 8,491.73
- Banking Index +1.98% at 14,290.35
- Market breadth: 23 up / 32 down / 20 unchanged
Tunis stock exchange today: higher indices, weaker breadth
For anyone tracking the Tunis stock exchange today, the headline move was clearly positive. The TUNINDEX20 climbed 1.42% to 8,491.73 points, while the broader TUNINDEX index is now up 42.41% year to date. Yet the internal picture was less convincing, with decliners outnumbering advancers across 75 listed stocks. That divergence came from the heavy lifting done by financials. The Banking Index jumped 1.98%, the Financial Services Index rose 0.54%, the Financial Companies Index added 1.85%, and the Insurance Index gained 1.06%. By contrast, several consumer-facing segments weakened: the Distribution Index fell 1.02%, the Consumer Services Index dropped 1.02%, the Consumer Goods Index slipped 0.44%, and the Food and Beverage Index lost 0.53%. In other words, the benchmark moved higher because large financial names rallied, not because the entire Tunisia stock market turned risk-on. Global macro also helped shape the session. Brent crude fell 4.0% on the day to $73.96 per barrel, extending its weekly decline to 7.4%, amid headlines around possible U.S.-Iran talks. For Tunisia, a net energy importer, lower oil prices are usually supportive because they can reduce the import bill, ease subsidy pressure, and improve the external balance. But that benefit was partly offset by currency pressure: the USD/TND rose 2.23% to 2.9345, making dollar-denominated imports more expensive.
SOTUMAG’s 6% jump: a domestic-demand and cost-relief trade
Against that backdrop, SOTUMAG stood out as the day’s clearest stock story, rallying 6.0% to 13.46 TND. There was no company-specific announcement attached to Wednesday’s move, which suggests the gain was driven more by sector momentum and market rotation than by fresh corporate news. On a market like Tunis, where liquidity can be selective, improving sentiment around domestic demand and input-cost relief can quickly magnify buying in mid-cap names. The move also came alongside strength in other locally exposed segments. The Building and Construction Materials Index rose 1.35% to 883.17 points, while the Basic Materials Index gained 1.07% to 9,160.02 points. SOTUMAG does not sit at the center of those exact sector baskets, but the market logic was similar: investors favored names tied to the domestic economy and potentially lower energy-related costs, rather than businesses more exposed to imported discretionary consumption. That distinction matters in any serious Tunisia market recap. Lower oil prices do not help every listed company equally. Businesses importing raw materials in dollars see part of the benefit eroded by the stronger greenback, with USD/TND at 2.9345 and EUR/TND at 3.333, up 1.39%. Companies with more local revenue exposure, or those seen as beneficiaries of lower national energy stress, can therefore attract stronger flows when crude retreats.
Banks did the real index work
The main engine of the benchmark, however, was banking. BNA climbed 5.7% to 19.40 TND, ATTIJARI BANK rose 5.6% to 89.18 TND, and AMEN BANK added 4.5% to 77.30 TND. Those moves largely explain the 1.98% jump in the Banking Index, which is now up 47.79% year to date. Why do banks matter so much in Tunis? First, they carry significant index weight, so sector rallies have an outsized mechanical effect on the TUNINDEX. In a session shaped by lower oil, the market may have been discounting a somewhat less strained macro backdrop, which in turn supports sentiment toward lenders. That pattern extends a trend already visible in earlier trading, when financials and industrials were the main pillars of the market’s rise, as noted in Bourse de Tunis — TELNET HOLDING bondit de 6%, le TUNINDEX gagne 1,02% porté par banques et industrielles. The difference on Wednesday was that the banking move was even stronger while overall breadth deteriorated.
Regulatory filings move stocks: LAND’OR down, ASSAD up
Official announcements also shaped trading, though not uniformly. According to filings published on June 23, 2026, the market received consolidated financial statements for the year ended December 31, 2025 from Groupe Land’Or and Groupe ASSAD, as well as approval for the appointment of an executive at STB Manager. In Tunis, where analyst coverage is relatively thin, CMF-driven disclosures often carry more weight than in deeper markets. The stock reactions were sharply different. LAND OR fell 4.0% to 15.73 TND, making it one of the session’s biggest losers, which points to a cautious reading of the filing or to expectations that had already run ahead of the numbers. By contrast, ASSAD rose 4.3% to 2.88 TND, suggesting investors found something more constructive in the 2025 disclosure set. In Tunis, that gap is crucial: filings matter not just for what they say, but for how they compare with what the market had already priced in. Elsewhere, SOTETEL gained 6.0% to 21.39 TND and TELNET HOLDING advanced 5.9% to 12.00 TND, though both names had already featured prominently in recent sessions. On the downside, TUNISAIR lost 2.9% to 0.34 TND, SMART TUNISIE fell 2.7% to 28.40 TND, and CIMENTS DE BIZERTE dropped 4.0% to 0.73 TND, underlining how selective the market remained despite the headline rise in the indices.