Latest news with #TunisieValeurs
African Manager
15-05-2025
- Business
- African Manager
Tunisie Valeurs, awarded by Euromoney
Tunisie Valeurs has been named best broker for Tunisia in 2025, 'in recognition of the firm's dominance in market share, pioneering role in retail brokerage, and ambitious digital transformation.' Founded in 1991 and now backed by BIAT – Tunisia's largest bank – Tunisie Valeurs has grown into one of the country's most influential brokerage houses, said Euromoney. In 2024, the firm ranked number one on the Tunis Stock Exchange by traded value, handling over TD1.15 billion ($385 million), representing 36% of total yearly market volume. This marked a significant jump from 25% in 2023, driven by the integration of BIAT's retail network and a client base exceeding 20,000 active investors, according to the same source. 'We are a retail broker, yes, but we also deal with institutions. The point is, we don't depend on institutions. We are built for the everyday investor,' Euromoney quoted a senior member of the trading team, as saying. It added that its merger with BIAT Bank has created a national footprint of over 200 physical branches, making it the only broker in Tunisia with a bank-style distribution model. 'This wide reach has proven critical for converting new clients: Tunisie Valeurs added over 1,000 new clients in 2024 alone.'
African Manager
15-03-2025
- Business
- African Manager
Tunisia: Tunindex closes week in the green (+1.3%)
The stock market index, Tunindex, continued its positive momentum since the beginning of the year, closing the week of 10-14 March up 1.3% at 10,795.68 points. According to Tunisie Valeurs, the benchmark index performance since the beginning of the year was +8.5%. On the trading side, even in the absence of block trades, volumes were fairly constant, totaling TND 39 million, which corresponds to an average daily volume of TND 7.8 million. POULINA GROUP HOLDING was the most traded stock during the week, accounting for 13.4% of total turnover. Stock analysis STAR topped the podium with the best performance of the week. Shares in the country's leading insurance company climbed 24.6% to TND 202.470, accumulating TND 1.9 million during the week. Shares in ASSAD were among the biggest gainers of the week. The battery storage company's share price rose 20.5% to TND 1.410, attracting a volume of TND 155,000 for the week. SANIMED shares were the worst performers. The stock lost 18.6% to TND 0.920 on low trading volumes. POULINA GROUP HOLDING was the most traded stock of the week with a volume of TND 5.4 million. The stock gained 13.6% to TND 10.
