Stock recommendations on Tunis Re title

The stock intermediate agent Maxula Bourse has published a purchase recommendation notice for the Tunis Re titles. According to this firm, the Tunisian reinsurer has consolidated its position on the local market and shown encouraging signs of progress on the Arab, African and Asian markets.
It has also stated that an annual turnover’s increase of nearly 7% and a net profit of about 24.2 million TND (15.6 million USD) are expected in 2016. Technical reserves held by the reinsurer are considered to be acceptable according Maxula Bourse.

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