Tunisian Resilience Amid Global Turbulence
The TUNINDEX closed at 15,049.43 points on Tuesday, March 10, 2026, posting a solid daily gain of +1.16%, according to official market data. This positive performance contrasts with the extreme volatility observed in global commodity markets, where Brent crude oil recorded an intraday drop of -13.0% before stabilizing around $86.13/barrel. The Tunisian market demonstrated its ability to partially decouple from geopolitical shocks affecting commodities.
Market Dynamics and Context
Tunis's benchmark index showed broad participation with 28 advancing stocks against 22 decliners and 25 unchanged out of 75 listed securities. The TUNINDEX20, an index of the 20 most liquid stocks, even outperformed the general index with a gain of +1.28% to 6,684.8 points. This dynamic occurs in a context of relative stability for the Tunisian dinar, with USD/TND showing a slight appreciation of -0.40% to 2.897 and EUR/TND at 3.3774 (-0.11%).
Key Drivers: Industry and Materials
Market performance was primarily driven by industrial stocks and building materials, illustrating a fundamental dynamic within Tunisia's productive sector. SAH (Société Arabe Internationale de Banque) led the gains with +4.0% to 13.93 TND, followed by POULINA GP HOLDING (+3.5% to 23.7 TND) and (+3.2% to 1.95 TND). The cement sector showed notable divergence with recording a drop of to , reflecting increased investor selectivity.