The sharpest signal from the Tunis stock exchange today came from a single stock: Tunis Re surged 4.3% to 14.39 TND on Tuesday, July 21, 2026, even as the TUNINDEX fell 1.01% to 21,040.09 points. In a session where 38 stocks declined, against just 15 gainers and 22 unchanged, the reinsurer’s rally stood out as a clear pocket of resilience in an otherwise risk-off market.
Key figures
- Tunis Re: +4.3% at 14.39 TND
- TUNINDEX: -1.01% at 21,040.09 points
- Insurance Index: -0.27%
- Banking Index: -1.54%
- Market breadth: 15 up / 38 down / 22 unchanged
Market context: banks dragged the tape lower
The broader Tunisia stock market closed weaker on July 21 after a year of outsized gains that have left valuations more sensitive to earnings and macro shocks. The TUNINDEX20 lost 1.03% to 9,291.69 points, while the benchmark TUNINDEX index still shows a hefty gain year-to-date. That annual performance remains exceptional, but Tuesday’s session suggested profit-taking is becoming more visible in the market’s strongest pockets.