The Tunis stock exchange recorded another bearish session on Tuesday. The Tunindex fell by 0.2% to 8,395.3 points, bringing its annual performance to +3.5%, according to stock market broker Tunisie Valeurs. Volumes remained low (TND 3.8 million), despite the completion of a block trade in TPR shares for a total of TND 2 million. New Body Line was the best performer of the session. Shares in the smart clothing specialist rose 2.4% to TND 5.020 on a ridiculous flow of TND 4,000. In the first nine months of the current year, NBL reported a 25.5% increase in sales to TND 4.8 million. This increase was mainly achieved in the third quarter of the year, mainly due to the introduction of a new customer. SPDIT shares posted a modest rise of 1.2% to TND 8.200. The share of the investment company backed by the SFBT Group saw limited trading of TND 15,000 during the session. Since the beginning of the year, SICAF has performed well on the stock market with a return of 17.1%. STIP shares were the biggest losers of the session. Shares in Tunisia's only tyre manufacturer fell 4.2% to TND 4.600. The stock attracted an anaemic volume of one thousand dinars during the session. Punished by profit taking, STAR shares ended the session in negative territory. Shares in Tunisia's leading insurance company fell 3.2% to TND 150,000. The stock traded at TND 234,000 during the session. Shares in Carthage Cement also fell victim to a sell-off. However, the share price of Tunisia's largest cement company fell only slightly (-0.5% to TND 2.040). The stock fed the market with capital of TND 391,000, or 10% of market flows.
Source: Agence Tunis Afrique Presse