Tunis Stock Exchange explains causes of technical breakdown

The Tunis Stock Exchange has assured the public that a recent technical failure did not significantly disrupt market operations. The institution confirmed it activated its business continuity plan, allowing trading sessions to proceed normally from its backup IT site.

Lotfi Khezami, the director of information and communication at the Tunis Stock Exchange, explained that the incident originated from an electrical malfunction on Sunday, which impacted part of the infrastructure at the main data center. Technical teams responded immediately to identify the causes and implement procedures to ensure operational continuity.

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From the first hours of the incident, all necessary measures were taken and the business continuity plan was activated.

"From the first hours of the incident, all necessary measures were taken and the business continuity plan was activated," Khezami stated. This plan enabled the exchange to switch operations to its backup site, where trading sessions continued without major interruption on Monday, Tuesday, and Wednesday. Investors and intermediaries were able to pursue their transactions smoothly.

Khezami acknowledged that some limited disruptions occurred in the first two days following the incident but affirmed they were quickly managed. He stated that operations have now returned to normal and are fully restored. The exchange plans to resume activities from its primary data center by Thursday or Friday, pending the completion of technical operations and security checks. He reassured market operators that the incident did not significantly affect the Tunisian financial market's functioning, noting that trading volumes remained satisfactory.

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The situation is today back to normal and the functioning is now perfectly restored.