Tunisia.

African BusinessNbr. 1996, January 1996

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Summary


Tunisian Stock Exchange

Tunisia has one of the most developed stock markets in Africa. The Tunisian Stock Exchange has been growing rapidly since its establishment in 1989. Between 1990 and 1994, market turnover has skyrocketed from just $12 million to $296 million while market capitalization has jumped to over $2.5 billion. However, with only only 25 listed companies, the bourse is vulnerable to price surges resulting from supply and demand disequilibrium. The Tunisian government has already taken measures to encourage more companies to raise capital through the stock exchange.

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Tunisia.

Tunisia's Stock Exchange is one of the most sophisticated in Africa, yet Tunisian companies are still wary of listing.

The Tunisian Stock Exchange, claims its President Mr Ahmed Hadouej, "is first in the Arab world from the point of view of organisation." Indeed, with a privatised exch...

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