This article needs additional citations for verification. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed. Find sources: "Bourse de Tunis" – news · newspapers · books · scholar · JSTOR(February 2024) (Learn how and when to remove this message)
Tunis Stock Exchange
Type
Stock exchange
Location
Tunis, Tunisia
Founded
1969
Key people
Mourad Ben Chaabane (President)[1]
Market cap
US$ 10 billion
Indices
Tunindex
Website
www.bvmt.com.tn
The Bourse des Valeurs Mobilières de Tunis (BVMT) or Bourse de Tunis (Arabic: بورصة تونس) is a stock exchange based in Tunis, Tunisia. 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.
^"Mourad Ben Chaabane rempile à la présidence de la Bourse de Tunis". Financial Afrik (in French). 19 May 2023. Archived from the original on 9 June 2023. Retrieved 2 February 2024.
The Bourse des Valeurs Mobilières deTunis (BVMT) or BoursedeTunis (Arabic: بورصة تونس) is a stock exchange based in Tunis, Tunisia. It was founded in...
up bourse or Bourse in Wiktionary, the free dictionary. Bourse may refer to: Exchange (organized market) or bourse Stock exchange or bourseBoursede Bruxelles...
Internationale Arabe de Tunisie (BIAT) is the largest private sector bank in Tunisia. It is listed on the Tunisian Stock Exchange (BoursedeTunis). The Banque...
routes (which included Tunis–Bone–Algiers, Tunis–Ajaccio–Nice, Tunis–Bastia–Nice, Tunis–Rome and a cargo flight between Tunis and Marseilles) to the new...
Agricole (BNA) is a state-controlled bank in Tunisia. It is listed in the BoursedeTunis. The Banque Nationale Agricole was created on 1 June 1959, and launched...
privatisation in 1997, the Italian Bourse was established and became effective on 2 January 1998. On 23 June 2007, the Italian Bourse became a subsidiary of the...
BoursedeTunis since 1990. The Banque de Tunisie was created on 23 September 1884 by the Banque Transatlantique which converted its existing Tunis office...
Banque de Tunisie et des Emirats (BTE) is a bank in Tunisia. It is listed in the BoursedeTunis. Banque de Tunisie et des Emirats was founded in 1982...
early 19th century, the Paris Bourse's activities found a stable location at the Palais Brongniart, or Palais de la Bourse, built to the designs of architect...
Casablanca Stock Exchange. The stock markets of Casablanca and Tunis (BoursedeTunis) are covered in a quarterly report on Arab stock exchanges established...
Federation of Exchanges (WFE), formerly the Federation Internationale des Boursesde Valeurs (FIBV), or International Federation of Stock Exchanges, is the...
Paris, respectively. Euronext traces its origins back to the world's first bourses, formed in the Low Countries' shifting trade centres, Bruges, Antwerp and...
in 1998 and Hong Kong Stock Exchange earlier in 2000. Listed on its own bourse, the SGX stock is a component of benchmark indices such as the MSCI Singapore...
February 2023. "NSE and NSDL: Institutions that revolutionised Indian bourses". The Indian Express. 20 July 2016. Retrieved 28 February 2023. "RH Patil:...
The Luxembourg Stock Exchange, LuxSE (French: Boursede Luxembourg) is based in Luxembourg City at 35A boulevard Joseph II. The chairman of the board...
The Bourse Régionale des Valeurs Mobilières SA ("Regional Securities Exchange SA"), or BRVM, is a regional stock exchange serving the following West African...
The Bahrain Bourse, also called the Bahrain Stock Exchange (BSE), is the stock exchange of Bahrain. As at 2017, 42 companies were listed on the exchange...
under the new name of "Istanbul Securities and Foreign Exchange Bourse". Soon, the Bourse became very active and contributed substantially to the funding...
PSE a "Self-Regulatory Organization" (SRO) status, which meant that the bourse can implement its own rules and establish penalties on erring trading participants...
Bahrain Bourse BATS Global Markets Bermuda Stock Exchange BM&F Bovespa BME Spanish Exchanges Bolsa de Comercio de Buenos Aires Bolsa de Comercio de Santiago...
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...
Temps, 17 June 2008 "Arab Tunisian Bank : avis de réalisation de l'augmentation de capital (BoursedeTunis)" (PDF) (in French). Archived from the original...
Global Information
