Tunis Stock Exchange
Closes on a Positive Note
The Tunis Stock Exchange ended Friday's session on a slightly positive note. The benchmark index rose by 0.13% to 13,226.9 points, with a total transaction volume of 14 million dinars (MD).
This activity was largely driven by five block trades on the Carthage Cement stock, with a cumulative value of 7.6 MD, according to data from Tunisie Valeurs. In terms of performance, ICF stood out as the market leader. The stock recorded a 4.2% increase, closing at 86.97 dinars, with transactions reaching 113,000 dinars. Euro-Cycles also performed well, with a 4.1% gain to 12.90 dinars, supported by a significant volume of 339,000 dinars.
On the other hand, the session was more challenging for some stocks. SAM posted the largest decline on the Tunindex, falling by 3.7% to 4.70 dinars, in a context of limited liquidity of 42,000 dinars. Sotrappil was also affected, with a 2.8% decline to 22.00 dinars, for modest transactions of 20,000 dinars.
Finally, Carthage Cement accounted for the majority of the session's transactions, with a total volume of 7.8 MD, despite a slight decline of 1% in its stock price to 1.94 dinars.
Microfinance
"Daam" Reduces Credit Costs for Entrepreneurs
As part of its growth and consolidation strategy, the microfinance institution "Daam" announces a revision of its pricing grid, marked by an immediate and sustainable reduction in interest rates applied to all new loan requests.
Through this decision, the institution aims to strengthen its support for the local economic fabric and improve access to financing for entrepreneurs. Building on its solid financial situation and mature organization, "Daam" has chosen to pass on the benefits of its development to its customers.
This reduction in interest rates is part of a structural approach, rather than a conjunctural one, aimed at reducing the cost of credit and offering micro-entrepreneurs better conditions to increase the profitability of their projects and strengthen their investment capacity.
The management emphasizes that this evolution is the result of rigorous management and a long-term vision. "After ten years of building a resilient and performing institution, we are opening a new chapter. The experience we have acquired today allows us to adjust our financing conditions downward in a sustainable way. This is both an economic choice and a social commitment, to make financing more accessible and to accompany the growth of projects in a sustainable way," said Kamel Saïbi, General Manager of "Daam".
In concrete terms, this new pricing policy translates into reduced monthly payments for new borrowers, thanks to lower interest rates on all products offered. The measure applies to both operating loans and investment loans, as well as vehicle financing. These conditions come into effect immediately and apply to all new applications submitted to the "Daam" network nationwide.
With ten years of expertise and a now more competitive offer, the institution reaffirms its ambition to establish itself as a reference partner for entrepreneurs.
