A year after the popular uprising in Tunisia sparked the Arab Spring, its stock market has turned in the best performance of any Arab bourse in the last six months.
Having fallen by 30 per cent in the wake of the unrest at the end of 2010, Tunisian stocks have staged a dramatic recovery, fuelled by resilient corporate earnings growth in the second half of last year, growing trade with Libya and forecasts for robust economic growth this year.
"If we work together, we could achieve strong growth in the country despite the economic downturn facing most countries in the EU," said Mourad ben Chaabane, a board member at the bourse and the chief executive of MAC, one of the biggest investment banks in the country.
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