Stock Market Closes on an Upward Trend
The stock market closed the week of April 21-25 on an upward trend. The reference index rose by 1.1%, reaching 11,179.4 points, bringing its annual performance to +12.3%, according to Tunisie Valeurs.
Dynamic Trading
Trading was dynamic, with weekly volumes reaching 74.9 million Tunisian dinars (Mtnd). Notably, five block transactions were carried out on the STA title, totaling 25 Mtnd.
Top Performers
Sotemail recorded the best performance of the week, with a 18.6% surge to 2.810 Tnd, without generating any notable flows. Somocer also stood out, with a 14.5% increase to 0.630 Tnd, also without significant transactions.
Laggards
On the other hand, BTE finished at the bottom of the Tunindex. The bank's stock plummeted by 20.2% to 5.250 Tnd, without attracting any notable flows.
Reversal of Trend
After several weeks of progress, the Assad title reversed its trend. The automotive battery manufacturer's stock fell by 16.5% to 2.070 Tnd, with a traded volume of 1.1 Mtnd.
STA Dominates Trading
STA dominated the trading charts, generating 26 Mtnd of exchanged capital on its own. The Chery brand concessionaire's title gained 6.5% over the week, closing at 23.890 Tnd.
Dividend Distribution
The ordinary general assembly of BIAT, held on April 25, 2025, approved the distribution of a dividend of 6.000 Tnd per share for the 2024 fiscal year, with payment scheduled to begin on May 12, 2025.
Similarly, the ordinary general assembly of Smart Tunisie, also held on April 25, 2025, validated the distribution of a dividend of 0.900 Tnd per share for the 2024 fiscal year, with payment expected to begin on June 19, 2025.
