The ''Bourse des Valeurs Mobilières de Tunis'' (BVMT) or ''Bourse de Tunis'' ( ar, بورصة تونس) is a
stock exchange
A stock exchange, securities exchange, or bourse is an exchange where stockbrokers and traders can buy and sell securities, such as shares of stock, bonds and other financial instruments. Stock exchanges may also provide facilities for th ...
Tunisia
)
, image_map = Tunisia location (orthographic projection).svg
, map_caption = Location of Tunisia in northern Africa
, image_map2 =
, capital = Tunis
, largest_city = capital
, ...
. It was founded in 1969, and currently lists around 50 stocks.
The exchange is under the control of the state-run Financial Market Council. The government has provided tax breaks to increase the number of listings, but companies have been slow in going public.
The creation of the award was in February 1969. Although this creation is relatively old, the role of the stock market in financing Tunisia's economy has remained limited or insignificant due to the dominance of the state and banks . This results in significant levels of money creation and inflation.
This period is characterized by ease of access to bank loans and state aid, a very advantageous remuneration of deposits with banks that are regulated, protected and exempt income and a fairly heavy taxation of stock market investments.
The award will be increasingly seen as a registrar of transactions as a mirror of the economy having its place in the corporate finance. Moreover, the market capitalization represents just 1% of GDP at the end of 1986.
As part of the structural adjustment plan, a financial market reform started in 1988 with the aim of establishing a legal framework allowing the market to contribute to the financing of the economy. Deposits with banks are taxed, the rates of interest on deposits are falling as a result of lower inflation and savings in securities enjoys favorable taxation with the abolition of taxation on most -values and dividends. The tax on corporate profits also down 80% to 35%.
To meet international standards, reform is adopted with the promulgation of the Law of 14 November 1994 on the reorganization of financial market. This law creates the new public regulator: the Financial Market Council, which began operations on 15 November 1995. Following this major reform of the Tunis Stock Exchange that establishes the foundations of a financial market, potentially able to finance part of the economy, the situation continues to evolve fifty companies listed in March 2009, for a market capitalization of up to 8.7 billion dinars (against 3.1 billion in 2004) or 16% of national GDP.
Arab Tunisian Bank
Arab Tunisian Bank (ATB) ( ar, البنك العربي لتونس), a Tunisian commercial bank, was created on June 30, 1982, by the integration of a branch of the Arab Bank Tunis with Tunisian individuals. Its mission was contribution to the econ ...
Banque de l'Habitat
BH Bank (formerly Banque de l'habitat) is a state-controlled bank in Tunisia. It is listed in the Bourse de Tunis.
The BH headquarters is 75m and 16 floors it was built between 2003 and 2010
The building is one of the Tallest buildings in Tunisi ...
*Compagnie d'Assurances et de Réassurrances
*Société Tunisienne d'Assurances et de Réassurances
*Société d'Assurances Salim
*La Société Tunisienne de Réassurance « TUNIS Re »
Telecommunication
*Société Tunisienne d'Entreprises de Telecommunications
* Servicom
General retailers
*Automobile Réseau Tunisien et Services
*Magasin Général
*Société Nouvelle Maison de la Ville de Tunis
*Société Tunisienne des Marchés de Gros
* Ennalk Automobiles
*Société l'Accumulateur Tunisien
*Société Générale Industrielle de Filtration
*Société Tunisienne d'Equipement
*Société Tunisienne des Industries de Pneumatiques
Food and Beverage
*Société Frigorifique et Brasserie de Tunis
*Tunisie Lait
*Société de Production Agricole de Teboulba
Personal and household goods
*
Electrostar
The Bombardier Electrostar (sold as the ADtranz Electrostar until 2001) is a family of electric multiple-unit (EMU) passenger trains manufactured by Bombardier Transportation (formerly ADtranz) at their Derby Litchurch Lane Works in England b ...
Construction and materials
* Essoukna
*Société Immobilière et de Participation
*Société Immobilière Tuniso-Séoudienne
*Société Moderne de Céramique
*Les Ciments de Bizerte
*Carthage Cement
Industrial goods and services
*Société Industrielle d'Appareillage et de Matériels Electriques
*Société Tunisienne de Verreries
*One Tech Holding
Chemicals
* Air Liquide Tunisie
*Société Chimique
*Société des Industries Chimiques du Fluor
Basic resources
*Société Tunisie Profiles Aluminium
Oil and gas
*Société de Transport des Hydrocarbures Par Pipelines
See also
*
List of African stock exchanges
There are 29 exchanges in Africa, representing 38 nations' capital markets.
21 of the 29 stock exchanges in Africa are members of the African Securities Exchanges Association (ASEA). ASEA members are indicated below by an asterisk (*).
The Eg ...
*
List of stock exchanges
This is a list of major stock exchanges. Those futures exchanges that also offer trading in securities besides trading in futures contracts are listed both here and in the list of futures exchanges.
There are sixteen stock exchanges in the wo ...