Stock market closes Thursday’s session in the red

Business

The stock market recorded a slight decline (-0.04%) to 8,357 points during Thursday’s session, with an extremely low trading volume of TND 1.7 million. There were no block trades during the session, as reported by broker Tunisie Valeurs.

UBCI shares were the best performers of the session. Despite the lack of transactions, the subsidiary of the CARTE group saw its share price rise by 3.9% to TND 23.900.

SOTUMAG shares were among the session’s top gainers. The stock of the wholesale market manager in Bir El Kassa rose by 2.4% to TND 5.640. Trading activity for the session amounted to TND 41.000.

On the other hand, Assurances Maghrebia experienced the strongest correction of the session. Shares in Tunisia’s third-largest insurer fell 3% to TND 47.500 on limited trading volume of TND 2,000.

BNA shares were among the session’s biggest losers. The stock of Tunisia’s leading public bank lost 2.6% to TND 7.600. Trading volume for the session was a meagre TND 15,000.

Still in the banking sector, BT shares experi
enced a negative trajectory during the session. The shares of Tunisia’s oldest bank fell by 0.6% to close at TND 5.310.

As the most actively traded stock of the session, BT reached a trading volume of TND 288,000, representing 16% of the total market turnover.

Source: Agence Tunis Afrique Presse