Tunisian Renaissance Movement tries to reassure investors

Tunisia’s Renaissance Movement (Ennahda Party) is hoping to reassure investors following its winning majority in the country’s Constituent Assembly election. Officials of the Association of Stock Brokers (ASB) have had a meeting at the party’s headquarters in Montplaisir. According to media reports, this was intended “to reassure investors and to clarify the party’s economic vision to professionals and, through them, the financial markets”. The Tunisian stock market index, Tunindex, recorded a fall of 1.29 per cent on Monday and Tuesday following the announcement of the Assembly election results.

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The Renaissance Movement’s vision for the future of the stock market was also on the agenda at the meeting. ASB representatives advised the party to publicise its economic vision widely, especially the potential implications for the financial markets. The leaders of the Renaissance Movement hope to attract direct investment by foreign investors in Tunisia, especially those from the Gulf countries.