Tunis stock exchange closes week on positive note

The Tunis stock exchange closed the week of May 13-17 on a positive note, according to stock market broker Tunisie Valeurs.Driven upwards by the good performance of the leasing index (+0.7%) and the industry index (+1.3%), the benchmark closed the week with a weekly gain of +0.7% to 9177.79 points, bringing its performance since the start of the year to +4.9%.On the trading side, even in the absence of block trades, volumes were buoyant, driven mainly by Délice Holding and Amen Bank shares. Trading totalled TND 33.1 million, i.e. an average daily volume of TND 6.6 million.//Value analysis//Tunisie Leasing and Factoring shares topped the podium. The leasing company's share posted the best performance of the week, rising by 9.8% to TND 15.700, in a flow of TND 83 thousand.Amen Bank shares were among the week's biggest winners, up by 7.2% to TND 39.500, generating a substantial volume of TND 5.8 over the week as a whole.Monoprix shares were the worst performers, down by 6.1% to TND 5,000, with tra ding volume of just TND 5,000.Amassing TND 9.7 million, the DELICE HOLDING shares were the most heavily traded during the week, accounting for 29.1% of the volume traded on the market.//Market news//Société Tunisienne de Banque (STB) released its financial statements for 2023.At the end of the year, the bank's consolidated accounts showed a -1.9% fall in net banking income to TND 714.7 million. The cost of risk was up 12.3%, from TND 203.9 million to TND 228.9 million.Group share of net profit fell by 48.6% in 2023, from TND 99.7 million to TND 51.2 million.Source: Agence Tunis Afrique Presse