Bourse Report| 24.6.2024| FirstCaribbean, Scotia Earnings Improve
This week, on the Bourse Report, we review the performance of Scotiabank Trinidad & Tobago (SBTT) and First Caribbean International Bank Limited (FCI) for their respective six-month fiscal periods (HY2024) ending April 30, 2024. Both SBTT and FCI reported higher profits, despite modest revenue growth. Could FCI and SBTT continue to grow earnings in the […]
Bourse Report| 17.6.2024| NCB Earnings Up, GHL Slips
This week, on the Bourse Report, we review the performance of NCB Financial Group Limited (NCBFG) and Guardian Holdings Limited (GHL) for its six months (HY2024) and three months (Q12024) ended March 31st, 2024, respectively. NCBFG’s performance was supported by stronger insurance and investment results. Conversely, GHL was impacted by higher insurance finance expenses.
Bourse Report| 29.4.2024| TCL, NFM Earnings Up
This week, we at Bourse review the financial performance of Trinidad Cement Limited (TCL) and National Flour Mills Limited (NFM) for their respective fiscal years ended December 31st, 2023. TCL reported increased revenue growth and improved profitability margins. Similarly, NFM reported increased profits amidst uncertain global economic conditions. Will both companies continue their positive momentum […]
Bourse Report|4.3.2024| PHL Improves, AGL Dips
This week, at Bourse, Sarodh Ramkhelawan reviews the financial performance of Prestige Holdings Limited (PHL) for its fiscal year ended November 30th, 2023 (FY2023) and Agostini’s Limited (AGL) for its three months ended December 31st, 2023 (Q12024). PHL’s performance benefitted from increased revenue growth and higher profitability margins, while AGL’s profitability was impacted by the […]
Bourse Report| 8.1.2023| Equity Markets Results Mixed in 2023
We take this opportunity to wish you a very Happy New Year from the team at Bourse! This week, we review the performance of local and international stock markets for 2023. T&T and major regional markets were broadly lower in a year influenced by weaker investor sentiment. International equities, meanwhile, had a stellar 2023 after […]
Bourse Report| 16.10.2023| Equity Markets Mixed in 9M2023
This week, Sarodh Ramkhelawan recaps the performance of local and international stock markets for the nine months ended September 30, 2023 (9M2023). T&T’s equity markets have continued to confront weaker investor sentiment, resulting in lower equity prices. On the contrary, U.S. equities have broadly advanced despite lingering inflation and the increasing prospect of ‘higher for […]
Bourse Report| 9.10.2023| Budget FY2024: An Investor Perspective
This week at Bourse, Sarodh Ramkhelawan reviews the recently delivered national Budget for FY2024, taking an investor’s perspective. While not necessarily providing the fireworks many had anticipated, the Honorable Minister of Finance’s proposed fiscal measures and forecast figures could have a significant influence on investor sentiment. What are the implications for investors? Are there any […]
Bourse Report| 14.8.2023| Republic, ‘First Citizens’ Post Solid Results
This week, at Bourse, Sarodh Ramkhelawan reviews the performance of two key members of the local Banking Sector, Republic Financial Holdings Limited (RFHL) and First Citizens Group Financial Holdings Limited (FCGFH) for their nine-month periods (9M2023) ended June 30th, 2023. Both RFHL and FCGFH reported positive earnings growth, reflecting generally improving conditions. Can both banks’ […]
Bourse Report|24.07.2023| Could Cooling Inflation Buoy Bond Markets?
This week, at Bourse, Sarodh Ramkhelawan considers the implications for bond markets and investors with inflation trending lower. As inflation begins to cool on both the international and local stages, could new opportunities arise?
