Thursday 13 January 2011

Tunisia Stocks Slump to Year-Low as Troops Deployed to Tunis Amid Curfew - Bloomberg

Tunisian stocks fell to the lowest level in almost a year after troops were deployed on the streets of Tunis and the interior minister was fired amid protests that left at least 21 people dead since last month.

The Tunindex lost 2.8 percent to 4,593.88, the lowest since Jan. 25 at 10:42 a.m. in the capital Tunis. That brought the four-day drop to 12 percent.

Another 10 people were killed in three cities in the North African nation, with several injured in clashes in the second- largest city, Sfax, al-Arabiya television reported yesterday after the demonstrations grew. Police fired tear gas to break up a crowd that gathered at a main intersection in Tunis. The curfew was due to end today at 6 a.m., the government said.

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