VOL. XL
No. 42
20-October-1997
TUNISIA
Tunisian Stock Market Recovers After 1996 Slump
The recent privatization of Banque du Sud and the expected listing of three new firms -Banque Tuniso-Qatarie d'Investissemnets, investment fund Tuninvest and al-Mazraa foodcompany - on the Tunisian Stock Exchange (TSE) next month has helped in returning someconfidence to a market which is still characterized by analysts as pre-emerging. Thefundamental problem is that, as in many emerging markets, the TSE is...
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