TUNINDEX rises 0.37% as Carthage Cement posts 6% H1 revenue drop
The TUNINDEX rose 0.37% to 20,070.56 on July 30, while the TUNINDEX20 added 0.26% to 8,838.32, with financial stocks underpinning the market. Financial services climbed 1.56%, insurers gained 0.94% and industrials rose 1.01%, while consumer services and distribution both fell 0.60%. Carthage Cement posted a 6% revenue decline at end-June, with cumulative local revenue steady at 128 million dinars, but a recovery started in the second quarter despite a sluggish domestic market, according to Tustex, African Manager and Leconomiste Maghrebin. SOTUVER, meanwhile, saw first-half revenue boosted by stronger demand for olive-oil packaging, Tustex reported.
Related stories
Tunis Stock Exchange — BH Jumps 5.2% as Rotation Into Financials Gains Pace
BH posted the day’s top gain on the Tunis Stock Exchange, rising 5.2% to 15.25 TND as the Financial Services Index climbed 1.56%. The TUNINDEX added 0.37%, extending 2026’s strong leadership from financial stocks.
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.