Bourse Report|27.2.2023| NCBFG Earnings Dip, AGL Advance
This week, at Bourse, Sarodh Ramkhelawan reviews the performance of financial services giant NCB Financial Group Limited and trading stalwart, Agostini’s Limited (AGL) for their three months ended 31st December, 2022. NCBFG reported lower earnings as the Group grappled with lower net revenues from insurance activities. Meanwhile, AGL reported improved earnings owing to increased demand […]
Bourse Report | 13.02.2023| First Citizens Earnings Up
This week, at Bourse, Sarodh Ramkhelawan reviews the performance of local Banking Sector giant First Citizens Group Financial Holdings Limited (FCGFH) for the three months ended 31st December, 2022 (Q12023), with the Group generating higher operating profits. We also provide a brief update on TTSE’s trading activity as at January 31st, 2023.
Bourse Report| 6.02.2023| Republic posts solid first quarter results
This week on the Bourse Report, Sarodh Ramkhelawan, reviews the performance of Republic Financial Holdings Limited (RFHL) for its first fiscal quarter ended 31st December, 2022. The Group would have generated higher operating profits, offset by higher credit loss expenses. We also provide a brief update on the termination of the CLICO Investment Fund (CIF) […]
Bourse Report|30.01.2023| Conglomerate Sector to Advance in 2023
This week, we at Bourse consider the outlook for the Conglomerate Sector of the Trinidad & Tobago Stock Exchange (TTSE), the second largest sector by market capitalization accounting for approximately 17.4% of the TTSE’s total market value. The Conglomerate sector market capitalization fell 16.7% in 2022, as accelerating price pressures and increasing uncertainty weighed on […]
Bourse Report| 09.1.2023| Equity Markets Turbulent in 2022
We take this opportunity to wish you a very Happy New Year from the team at Bourse! This week, Sarodh Ramkhelawan recaps the performance of local and international stock markets in a turbulent 2022. With asset prices weakening across markets, could the sell-off in equities carry into 2023, or could an improvement in conditions trigger […]
Bourse Report| 19.12.2022| Republic, First Citizens Advance
This week, at Bourse, Sarodh Ramkhelawan reviews the performance of local Banking Sector giants Republic Financial Holdings Limited (RFHL) and First Citizens Group Financial Holdings Limited (FCGFH) for their fiscal years ended September 30th, 2022. RFHL reported earnings growth driven by an improvement in Operating Income. FCGFH, meanwhile, reported lower Operating Income which was offset […]
Bourse Report|12.12.2022| AGL Earnings Up, GKC Declines
This week, at Bourse, Sarodh Ramkhelawan reviews the financial performance of GraceKennedy Limited (GKC) for the nine-months ended September 30th, 2022 and Agostini’s Limited (AGL) for its financial year ended September 30th, 2022. AGL reported improved earnings owing to increased demand and successful acquisition activity. GKC, meanwhile, was adversely affected by increased operating expenses. Can […]
Bourse Report|05.12.2022| TTNGL Earnings Improve, CIF Nears End
This week, at Bourse, Sarodh Ramkhelawan reviews the performance of the sole member of the Energy Tier of the domestic exchange, Trinidad and Tobago NGL Limited (TTNGL) for the nine-month period ended September 30th 2022 (9M 2022). TTNGL reported improved earnings on account of the stabilization of energy markets and benefited from higher profitability driven […]
Bourse Report| 21.11.2022| AHL, NFM Record Decline
This week, at Bourse Sarodh Ramkhelawan reviews the financial performance of Angostura Holdings Limited (AHL) and National Flour Mills Limited (NFM) for the nine-month period ended 30th September, 2022. AHL’s profitability dipped on account of a higher taxation rate and an increase in expected credit loss provisions. NFM, meanwhile, experienced lower margins as the Group […]
Bourse Report|14.11.2022| GHL, NCBFG Earnings Advance
This week, at Bourse, Sarodh Ramkhelawan reviews the performance of Guardian Holdings Limited (GHL) for the nine-month period (9M2022) ended September 30th, 2022 and NCB Financial Group Limited (NCBFG) for the financial year ended September 30th, 2022 (FY2022). Both Groups benefitted from increased Net Premium Income, but were adversely affected by heightened volatility in financial […]
