{"id":69077,"date":"2026-03-04T09:15:17","date_gmt":"2026-03-04T08:15:17","guid":{"rendered":"https:\/\/plumeseconomiques.com\/fr\/?p=69077"},"modified":"2026-03-04T09:15:17","modified_gmt":"2026-03-04T08:15:17","slug":"tunindex-le-marche-teste-sa-solidite-apres-le-cap-des-15-000-points","status":"publish","type":"post","link":"https:\/\/plumeseconomiques.com\/fr\/news\/tunindex-le-marche-teste-sa-solidite-apres-le-cap-des-15-000-points\/","title":{"rendered":"Tunindex : le march\u00e9 teste sa solidit\u00e9 apr\u00e8s le cap des 15 000 points"},"content":{"rendered":"<p data-start=\"187\" data-end=\"322\">Le march\u00e9 tunisien vient de franchir un cap historique.<br data-start=\"242\" data-end=\"245\" \/>Fin f\u00e9vrier, le <strong data-start=\"261\" data-end=\"273\">Tunindex<\/strong> d\u00e9passe les 15 000 points pour la premi\u00e8re fois.<\/p>\n<p data-start=\"324\" data-end=\"363\">Quelques s\u00e9ances plus tard, il corrige.<\/p>\n<p data-start=\"365\" data-end=\"490\">Rien d\u2019alarmant \u00e0 premi\u00e8re vue.<br data-start=\"396\" data-end=\"399\" \/>Mais le comportement des volumes et des grandes capitalisations m\u00e9rite une lecture pr\u00e9cise.<\/p>\n<p data-start=\"492\" data-end=\"560\">Nous ne sommes pas face \u00e0 un accident.<br data-start=\"530\" data-end=\"533\" \/>Nous sommes face \u00e0 un test.<\/p>\n<h2 data-start=\"567\" data-end=\"629\">2 mars : forte pression vendeuse, seuil d\u00e9fendu in extremis<\/h2>\n<p data-start=\"631\" data-end=\"677\">Lundi 2 mars 2026, le <strong data-start=\"653\" data-end=\"665\">Tunindex<\/strong> cl\u00f4ture \u00e0 :<\/p>\n<p data-start=\"679\" data-end=\"713\"><strong data-start=\"679\" data-end=\"699\">15 049,20 points<\/strong><br data-start=\"699\" data-end=\"702\" \/><strong data-start=\"702\" data-end=\"713\">-0,83 %<\/strong><\/p>\n<p data-start=\"715\" data-end=\"861\">Donn\u00e9es confirm\u00e9es par la <span class=\"hover:entity-accent entity-underline inline cursor-pointer align-baseline\"><span class=\"whitespace-normal\">Bourse de Tunis<\/span><\/span>, l\u2019<span class=\"hover:entity-accent entity-underline inline cursor-pointer align-baseline\"><span class=\"whitespace-normal\">Agence Tunis Afrique Presse<\/span><\/span> et <span class=\"hover:entity-accent entity-underline inline cursor-pointer align-baseline\"><span class=\"whitespace-normal\">Investing.com<\/span><\/span>.<\/p>\n<p data-start=\"863\" data-end=\"888\">Ce que montre la s\u00e9ance :<\/p>\n<ul data-start=\"890\" data-end=\"1126\">\n<li data-start=\"890\" data-end=\"942\">\n<p data-start=\"892\" data-end=\"942\">Baisse intraday proche de <strong data-start=\"918\" data-end=\"926\">-2 %<\/strong> \u00e0 l\u2019ouverture<\/p>\n<\/li>\n<li data-start=\"943\" data-end=\"999\">\n<p data-start=\"945\" data-end=\"999\">Point haut \u00e0 <strong data-start=\"958\" data-end=\"978\">15 172,92 points<\/strong> avant retournement<\/p>\n<\/li>\n<li data-start=\"1000\" data-end=\"1074\">\n<p data-start=\"1002\" data-end=\"1074\">Plusieurs valeurs en repli de <strong data-start=\"1032\" data-end=\"1053\">-1,85 % \u00e0 -2,03 %<\/strong> en cours de s\u00e9ance<\/p>\n<\/li>\n<li data-start=\"1075\" data-end=\"1126\">\n<p data-start=\"1077\" data-end=\"1126\">Volume global : <strong data-start=\"1093\" data-end=\"1126\">pr\u00e8s de 10 millions de dinars<\/strong><\/p>\n<\/li>\n<\/ul>\n<p data-start=\"1128\" data-end=\"1144\">Lecture froide :<\/p>\n<p data-start=\"1146\" data-end=\"1250\">Le march\u00e9 a subi une vraie pression vendeuse.<br data-start=\"1191\" data-end=\"1194\" \/>Mais il a d\u00e9fendu le seuil des 15 000 points en cl\u00f4ture.<\/p>\n<p data-start=\"1252\" data-end=\"1280\">Un support test\u00e9, pas cass\u00e9.<\/p>\n<p data-start=\"1282\" data-end=\"1413\">Dans un march\u00e9 comme le march\u00e9 tunisien, 10 millions de dinars \u00e9chang\u00e9s signifient une chose :<br data-start=\"1376\" data-end=\"1379\" \/>Il y a eu r\u00e9allocation, pas fuite.<\/p>\n<h2 data-start=\"1420\" data-end=\"1473\">3 mars : cassure technique, mais sans acc\u00e9l\u00e9ration<\/h2>\n<p data-start=\"1475\" data-end=\"1519\">Mardi 3 mars 2026, le seuil finit par c\u00e9der.<\/p>\n<p data-start=\"1521\" data-end=\"1530\">Cl\u00f4ture :<\/p>\n<p data-start=\"1532\" data-end=\"1604\"><strong data-start=\"1532\" data-end=\"1552\">14 968,91 points<\/strong><br data-start=\"1552\" data-end=\"1555\" \/><strong data-start=\"1555\" data-end=\"1566\">-0,53 %<\/strong><br data-start=\"1566\" data-end=\"1569\" \/>Volume : <strong data-start=\"1578\" data-end=\"1604\">4,1 millions de dinars<\/strong><\/p>\n<p data-start=\"1606\" data-end=\"1641\">Deux \u00e9l\u00e9ments changent la lecture :<\/p>\n<ol data-start=\"1643\" data-end=\"1715\">\n<li data-start=\"1643\" data-end=\"1673\">\n<p data-start=\"1646\" data-end=\"1673\">La baisse est plus mod\u00e9r\u00e9e.<\/p>\n<\/li>\n<li data-start=\"1674\" data-end=\"1715\">\n<p data-start=\"1677\" data-end=\"1715\">Le volume est divis\u00e9 par plus de deux.<\/p>\n<\/li>\n<\/ol>\n<p data-start=\"1717\" data-end=\"1808\">Quand un niveau psychologique casse avec peu d\u2019\u00e9changes, le mouvement manque de conviction.<\/p>\n<p data-start=\"1810\" data-end=\"1866\">On observe davantage un essoufflement qu\u2019un basculement.<\/p>\n<h2 data-start=\"1873\" data-end=\"1930\">Structure du march\u00e9 : volatilit\u00e9 sur faible profondeur<\/h2>\n<p data-start=\"1932\" data-end=\"1983\">Sur 65 valeurs actives lors de la premi\u00e8re s\u00e9ance :<\/p>\n<ul data-start=\"1985\" data-end=\"2018\">\n<li data-start=\"1985\" data-end=\"2001\">\n<p data-start=\"1987\" data-end=\"2001\">40 en baisse<\/p>\n<\/li>\n<li data-start=\"2002\" data-end=\"2018\">\n<p data-start=\"2004\" data-end=\"2018\">13 en hausse<\/p>\n<\/li>\n<\/ul>\n<p data-start=\"2020\" data-end=\"2093\">La domination des vendeurs est nette.<br data-start=\"2057\" data-end=\"2060\" \/>Mais la profondeur reste limit\u00e9e.<\/p>\n<h3 data-start=\"2095\" data-end=\"2117\">Hausses techniques<\/h3>\n<ul data-start=\"2119\" data-end=\"2207\">\n<li data-start=\"2119\" data-end=\"2169\">\n<p data-start=\"2121\" data-end=\"2169\"><strong data-start=\"2121\" data-end=\"2128\">SMD<\/strong> : +4,47 % \u2013 \u00e9changes quasi inexistants<\/p>\n<\/li>\n<li data-start=\"2170\" data-end=\"2207\">\n<p data-start=\"2172\" data-end=\"2207\"><strong data-start=\"2172\" data-end=\"2180\">STIP<\/strong> : +4,44 % \u2013 flux limit\u00e9s<\/p>\n<\/li>\n<\/ul>\n<p data-start=\"2209\" data-end=\"2252\">Variations importantes.<br data-start=\"2232\" data-end=\"2235\" \/>Capitaux faibles.<\/p>\n<h3 data-start=\"2254\" data-end=\"2272\">Replis marqu\u00e9s<\/h3>\n<ul data-start=\"2274\" data-end=\"2348\">\n<li data-start=\"2274\" data-end=\"2299\">\n<p data-start=\"2276\" data-end=\"2299\"><strong data-start=\"2276\" data-end=\"2287\">ALKIMIA<\/strong> : -4,49 %<\/p>\n<\/li>\n<li data-start=\"2300\" data-end=\"2348\">\n<p data-start=\"2302\" data-end=\"2348\"><strong data-start=\"2302\" data-end=\"2309\">MNP<\/strong> : -4,48 % \u2013 volume : 11 mille dinars<\/p>\n<\/li>\n<\/ul>\n<p data-start=\"2350\" data-end=\"2423\">M\u00eame logique c\u00f4t\u00e9 baisse :<br data-start=\"2376\" data-end=\"2379\" \/>la faible liquidit\u00e9 amplifie les mouvements.<\/p>\n<h2 data-start=\"2430\" data-end=\"2480\">Le vrai barom\u00e8tre : les grandes capitalisations<\/h2>\n<p data-start=\"2482\" data-end=\"2528\">La valeur la plus active reste <strong data-start=\"2513\" data-end=\"2526\">AMEN BANK<\/strong> :<\/p>\n<ul data-start=\"2530\" data-end=\"2589\">\n<li data-start=\"2530\" data-end=\"2541\">\n<p data-start=\"2532\" data-end=\"2541\">-1,69 %<\/p>\n<\/li>\n<li data-start=\"2542\" data-end=\"2559\">\n<p data-start=\"2544\" data-end=\"2559\">58,000 dinars<\/p>\n<\/li>\n<li data-start=\"2560\" data-end=\"2589\">\n<p data-start=\"2562\" data-end=\"2589\">448 mille dinars \u00e9chang\u00e9s<\/p>\n<\/li>\n<\/ul>\n<p data-start=\"2591\" data-end=\"2650\">C\u2019est sur ce type de dossier que se lit la tendance r\u00e9elle.<\/p>\n<p data-start=\"2652\" data-end=\"2771\">Dans l\u2019\u00e9cosyst\u00e8me de la <strong data-start=\"2676\" data-end=\"2695\">Bourse de Tunis<\/strong>, les small caps cr\u00e9ent la volatilit\u00e9.<br data-start=\"2733\" data-end=\"2736\" \/>Les bancaires dictent la direction.<\/p>\n<h2 data-start=\"2778\" data-end=\"2839\">Mise en perspective : correction classique apr\u00e8s un sommet<\/h2>\n<p data-start=\"2841\" data-end=\"2958\">Le franchissement historique des 15 000 points avait \u00e9t\u00e9 signal\u00e9 notamment par <span class=\"hover:entity-accent entity-underline inline cursor-pointer align-baseline\"><span class=\"whitespace-normal\">African Manager<\/span><\/span>.<\/p>\n<p data-start=\"2960\" data-end=\"3031\">Historiquement, les seuils psychologiques fonctionnent en trois temps :<\/p>\n<ol data-start=\"3033\" data-end=\"3107\">\n<li data-start=\"3033\" data-end=\"3063\">\n<p data-start=\"3036\" data-end=\"3063\">Franchissement euphorique<\/p>\n<\/li>\n<li data-start=\"3064\" data-end=\"3086\">\n<p data-start=\"3067\" data-end=\"3086\">Correction rapide<\/p>\n<\/li>\n<li data-start=\"3087\" data-end=\"3107\">\n<p data-start=\"3090\" data-end=\"3107\">Test du support<\/p>\n<\/li>\n<\/ol>\n<p data-start=\"3109\" data-end=\"3162\">Le Tunindex se trouve exactement dans cette s\u00e9quence.<\/p>\n<p data-start=\"3164\" data-end=\"3250\">Aucun signal, pour l\u2019instant, ne valide un retournement structurel du march\u00e9 tunisien.<\/p>\n<h2 data-start=\"3257\" data-end=\"3296\">Ce que surveillent les investisseurs<\/h2>\n<p data-start=\"3298\" data-end=\"3338\">Les prochains jours seront d\u00e9terminants.<\/p>\n<p data-start=\"3340\" data-end=\"3364\">Points techniques cl\u00e9s :<\/p>\n<ul data-start=\"3366\" data-end=\"3531\">\n<li data-start=\"3366\" data-end=\"3415\">\n<p data-start=\"3368\" data-end=\"3415\">Retour durable au-dessus de <strong data-start=\"3396\" data-end=\"3413\">15 050 points<\/strong><\/p>\n<\/li>\n<li data-start=\"3416\" data-end=\"3463\">\n<p data-start=\"3418\" data-end=\"3463\">Volume sup\u00e9rieur \u00e0 <strong data-start=\"3437\" data-end=\"3461\">8 millions de dinars<\/strong><\/p>\n<\/li>\n<li data-start=\"3464\" data-end=\"3487\">\n<p data-start=\"3466\" data-end=\"3487\">Tenue des bancaires<\/p>\n<\/li>\n<li data-start=\"3488\" data-end=\"3531\">\n<p data-start=\"3490\" data-end=\"3531\">Stabilisation autour de <strong data-start=\"3514\" data-end=\"3531\">14 900 points<\/strong><\/p>\n<\/li>\n<\/ul>\n<p data-start=\"3533\" data-end=\"3625\">Si les volumes augmentent en phase de baisse, le risque de correction plus profonde s\u2019\u00e9l\u00e8ve.<\/p>\n<p data-start=\"3627\" data-end=\"3730\">Si le march\u00e9 reconquiert rapidement les 15 000 points avec flux solides, la consolidation sera valid\u00e9e.<\/p>\n<h2 data-start=\"3737\" data-end=\"3750\"><\/h2>\n<p data-start=\"3752\" data-end=\"3773\">Le Tunindex a perdu :<\/p>\n<p data-start=\"3775\" data-end=\"3805\"><strong data-start=\"3775\" data-end=\"3785\">0,83 %<\/strong><br data-start=\"3785\" data-end=\"3788\" \/>puis<br data-start=\"3792\" data-end=\"3795\" \/><strong data-start=\"3795\" data-end=\"3805\">0,53 %<\/strong><\/p>\n<p data-start=\"3807\" data-end=\"3874\">Il a d\u00e9fendu les 15 000 points.<br data-start=\"3838\" data-end=\"3841\" \/>Puis il les a c\u00e9d\u00e9s sans panique.<\/p>\n<p data-start=\"3876\" data-end=\"3949\">Nous sommes dans une correction technique post-franchissement historique.<\/p>\n<p data-start=\"3951\" data-end=\"3995\">Pas une crise.<br data-start=\"3965\" data-end=\"3968\" \/>Pas encore un retournement.<\/p>\n<p data-start=\"3997\" data-end=\"4005\">Un test.<\/p>\n<p data-start=\"4007\" data-end=\"4147\">La dynamique du march\u00e9 tunisien d\u00e9pendra d\u00e9sormais de la capacit\u00e9 des grandes capitalisations \u00e0 absorber la pression et \u00e0 recr\u00e9er du volume.<\/p>\n<p data-start=\"4317\" data-end=\"4430\">\n","protected":false},"excerpt":{"rendered":"<p>Le march\u00e9 tunisien vient de franchir un cap historique.Fin f\u00e9vrier, le Tunindex d\u00e9passe les 15 000 points pour la premi\u00e8re fois. Quelques s\u00e9ances plus tard, il corrige. Rien d\u2019alarmant \u00e0 premi\u00e8re vue.Mais le comportement des volumes et des grandes capitalisations m\u00e9rite une lecture pr\u00e9cise. Nous ne sommes pas face \u00e0 un accident.Nous sommes face \u00e0 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":66219,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"none","_seopress_titles_title":"Tunindex : le march\u00e9 teste sa solidit\u00e9 apr\u00e8s le cap des 15 000 points","_seopress_titles_desc":"Tunindex sous les 15 000 points apr\u00e8s -0,83 % puis -0,53 %. Analyse compl\u00e8te du march\u00e9 tunisien et de la Bourse de Tunis.","_seopress_robots_index":"","footnotes":""},"categories":[61],"tags":[],"class_list":{"0":"post-69077","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-news"},"_links":{"self":[{"href":"https:\/\/plumeseconomiques.com\/fr\/wp-json\/wp\/v2\/posts\/69077","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/plumeseconomiques.com\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/plumeseconomiques.com\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/plumeseconomiques.com\/fr\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/plumeseconomiques.com\/fr\/wp-json\/wp\/v2\/comments?post=69077"}],"version-history":[{"count":0,"href":"https:\/\/plumeseconomiques.com\/fr\/wp-json\/wp\/v2\/posts\/69077\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/plumeseconomiques.com\/fr\/wp-json\/wp\/v2\/media\/66219"}],"wp:attachment":[{"href":"https:\/\/plumeseconomiques.com\/fr\/wp-json\/wp\/v2\/media?parent=69077"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/plumeseconomiques.com\/fr\/wp-json\/wp\/v2\/categories?post=69077"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/plumeseconomiques.com\/fr\/wp-json\/wp\/v2\/tags?post=69077"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}