TUNANDAX Drops and Automated Trading Clarified
The Tunindex in the Tunis Stock Exchange declined by more than 3% during the trading sessions on July 28 and 29, 2026, prompting the activation of the automatic trading halt mechanism in accordance with market regulations. The Chairperson of the Stock Exchange's Board of Directors explained that this measure is taken to protect investors and manage market risks. Typically, trading is paused for one hour when the index drops by 3%, and the session is permanently closed if it falls by 5%. This decline follows an exceptional performance in previous years, with the index reaching its highest level on July 17, 2026, at 60.24%. This is a natural technical correction after a strong upward wave that lasted for six years, driven by positive financial results from listed companies. Trading activity subsequently resumed normally, with assurances that the Tunis Stock Exchange continues to ensure market stability and transparency, supported by renewed investor confidence.
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