TUNINDEX rises 0.5% as banks offset weakness in consumer sectors
The TUNINDEX rose 0.50% to 18,779.57 points on October 6, while the TUNINDEX20 added 0.48% to 8,222.02 points. Banks led the market, with the sector index up 1.29% to 14,168.29 points after ATB jumped 5.9%, according to Tunis Stock Exchange market notes. Consumer stocks lagged, with the consumer goods index down 1.17% to 13,854.44 points as food and beverages fell 1.19% and household and personal care products lost 1.11%. On earnings, SOTUVER reported a first-half profit of 7.9 million dinars, supported by insurance compensation, according to Tustex.
Related stories
FCPR MAXULA CROISSANCE ENTREPRISES-EF31/12-2025
TUNINDEX rises 0.34%, led by financials despite Carthage Cement drag
The TUNINDEX rose 0.34% to 18,627.16 points and the TUNINDEX20 added 0.32% to 8,150.61 points, supported by financial stocks, according to market data. Banks gained 0.53% to 14,023.41 points, insurers rose 0.83% to 29,934.02 points and financial services added 0.28% to 29,002.83 points, while ASTREE jumped 4.5%, according to an Oct. 13 market note. Construction weighed on trade, with the Building and Construction Materials index down 2.53% at 801.87 points, as Carthage Cement reported first-half profit of 25.1 million dinars, down 10%, according to Tustex, amid a dispute involving tens of millions of dinars with Lazhar Sta, Business News reported. On earnings, SOTUVER posted first-half profit of 7.9 million dinars helped by insurance compensation while operating profitability eroded, according to Tustex and African Manager, and Delice Holding won approval for a 60.4 million dinar dividend, according to L'Économiste Maghrébin.
Tunis Stock Exchange — ASTREE Jumps 4.5% as TUNINDEX Adds 0.34%
ASTREE posted one of the day’s strongest gains on the Tunis Stock Exchange, rising 4.5% to 83.61 TND as financials supported the market. The TUNINDEX climbed 0.34% to 18,627.16 points despite oil pressure and a weaker dinar.