The stock market ended the session on a slightly bearish note. The Tunindex fell by 0.01% to 9128.62 points.
Trading was modest at TND 3 million, reported stock market broker Tunisie Valeurs.
SOTIPAPIER was the best performer of the session. The paper manufacturer’s shares rose by 5.9% to TND 4.830 on a turnover of TND 107,000
SOTETEL shares also ended the session in positive territory. The telecom specialist’s shares rose by 3.2% to TND 5.770. The stock traded for TND 244,000 during the session.
BIAT was the most dynamic stock during the session. The private bank’s stock mobilised a volume of TND 370,000, representing 12% of the flow on the stock exchange. The BIAT group increased its net profit by 14.8% to TND 358.6 million.
MONOPRIX shares suffered the biggest correction of the session. Shares in the supermarket specialist fell by 4.1% to TND 4.650.
Trading was very limited at TND 4,000. MONOPRIX shares have underperformed by 9.5% since the beginning of the year. The board of directors of SNMVT-MONOP
RIX, which met on Monday, April, 29, announced an individual net profit of TND 5.8 million and a consolidated net profit (group share) of TND 1 million
SAM shares also ended the session on the wrong foot. A victim of profit-taking, the office furniture specialist’s share price fell 1.7% to TND 5.700.
The stock provided the market with TND 130,000 of capital.
For 2023, the company announced a 47% increase in net profit to TND 4.4 million. SAM’s Board of Directors has decided to propose to the Annual General Meeting the payment of a dividend of TND 0.460 per share.
Source: Agence Tunis Afrique Presse