Without listing any new companies since the beginning of this year..

Without listing any new companies since the beginning of this year.. the number of companies listed on the Tunisian Stock Exchange declined to 74 after 3 companies were delisted during the first nine months of 2024, compared to 80 companies in 2022.

The Tunisian Stock Exchange (Bourse de Tunis) has experienced a contraction in the number of listed companies. Here’s a breakdown of the situation:

1. Decline in Listed Companies:
   • In 2022, there were 80 companies listed on the exchange.
   • By the end of September 2024, this number dropped to 74, reflecting the delisting of six companies in total over two years (three in 2023 and three more in the first nine months of 2024).
2. Reasons for Delistings:
   • Companies may choose to delist due to financial difficulties, mergers, acquisitions, or strategic shifts that make public listing less attractive.
   • Some may have failed to meet regulatory or financial reporting standards imposed by the exchange.
3. No New Listings in 2024:
   • While delistings continued, no new companies were listed during this period, signaling a potential slowdown in the attractiveness or readiness of the Tunisian capital market for new entrants.
4. Impact on the Market:
   • A reduced number of listed companies can affect the exchange’s liquidity, market capitalization, and appeal to investors.
   • It might also reflect broader economic challenges or uncertainties impacting Tunisia’s business environment.

The trend suggests that the exchange faces challenges in retaining and attracting listed entities, highlighting potential areas for regulatory or market reforms to reverse this decline.