Tunis Stock Exchange — BH Jumps 5.2% as Rotation Into Financials Gains Pace

TUNINDEX rebounds 1.30%, lifted by banks and CIL's 6% jump

The TUNINDEX rebounded 1.30% to 19,996.91 points on July 29, after falling 3.47% on July 28 and 1.90% on July 27, according to market notes, while the TUNINDEX20 rose 1.51% to 8,815.72. The recovery was driven by the banking index, up 2.25% at 15,144.95, and the financial companies index, up 1.88% at 16,353.11, while CIL jumped 6%, according to analysts. On the corporate front, Carthage Cement reported a 6% drop in revenue at end-June, with cumulative local revenue steady at TND 128 million, but a recovery started in the second quarter despite a sluggish domestic market, according to Tustex, African Manager and Leconomiste Maghrebin. SOTUVER said first-half revenue was boosted by stronger demand for olive oil packaging, reports Tustex, while One Tech Holding published its second-quarter 2026 business indicators, according to Business News.

Tunis Stock Exchange — CIL Jumps 6% as TUNINDEX Rises 1.30% on Bank-Led Rally

CIL posted the day’s strongest gain, rising 6.0% to 41.44 TND, as Tunisian equities were lifted by financials. The TUNINDEX added 1.30% and the banking index climbed 2.25%, while Brent at $90.9 a barrel put energy costs back at the center of the Tunisia market story.

TUNINDEX drops 3.47% as banks slide 4.75%

The TUNINDEX fell 3.47% to 19,739.81 points on July 28, while the TUNINDEX20 lost 3.69% to 8,684.95 and the banking index dropped 4.75% to 14,811.36. Financials led the selloff, with the sector index down 4.4% to 16,051.91, while basic materials limited losses to 2.17% at 9,037.46. On stocks, Office Plast rose 1.8% despite the broader decline after its planned capital increase, according to an analyst note published on July 28, while Cellcom had gained 4% on July 27 even as the TUNINDEX was down 1.90%. On earnings, Carthage Cement reported a 6% revenue decline at end-June, but a recovery started in the second quarter with cumulative local revenue stable at TND 128 million, according to Tustex, African Manager and Leconomiste Maghrebin; SOTUVER, for its part, was boosted in the first half by demand for olive oil packaging, Tustex reported.