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| 04.09.2023| AMCL, AMBL Earnings Advance
This week, at Bourse, Sarodh Ramkhelawan reviews the performance of Ansa McAL Limited (AMCL) and Ansa Merchant Bank Limited (AMBL) for the six-month period ended June 30, 2023. Both AMCL and AMBL reported increased revenue growth and improved operating margins. With both entities experiencing improved results, will this upward trend in revenue persist?
Bourse Report| 07.8.2023| AHL Improves, WCO Dips
This week, at Bourse, Sarodh Ramkhelawan reviews the performance of Angostura Holdings Limited (AHL) and The West Indian Tobacco Company Limited (WCO) for the six-month period ended 30th June 2023. AHL would have benefitted from increased revenue from both local and international markets, while WCO – despite a better quarterly performance – would have been […]
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?
Bourse Report| 17.07.2023| JMMBGL Declines, Sagicor Climbs
This week, at Bourse, Sarodh Ramkhelawan reviews the performance of JMMB Group Limited (JMMBGL) and Sagicor Financial Corporation (SFC), for their twelve-month and three-month reporting periods respectively, ended March 31st, 2023. JMMBGL reported lower-than-expected earnings due to dampened financial markets, whereas SFC benefitted from improved results. In an ever-changing operational environment, how will both companies […]
Bourse Report| 3.7.2023| Local Equities Tumble, U.S Upbeat
This week, we at Bourse recap the performance of local and international stock markets as at the end of the 2nd quarter of 2023 (HY2023). Local equity markets continued their decline, reflecting weaker regional investor sentiment. In contrast, global markets rebounded, buoyed by investor optimism on the near-conclusion of the Fed’s rate hikes, cooling inflation […]
Bourse Report | 26.06.23 | ‘Grace’ Earnings Grow, NEL Lower
Bourse Report|12.06.2023| FirstCaribbean Improves, Scotia Slips
This week, at Bourse, Sarodh Ramkhelawan reviews the performance of Scotiabank Trinidad & Tobago (SBTT) and FirstCaribbean International Bank Limited (FCI) for their fiscal six-months (HY2023) period ended April 30, 2023. SBTT’s profitability was adversely impacted by higher expenses, while FCI benefited from increased revenue supported by improved economic activity. Could FCI continue to grow […]
Bourse Report| 15.05.2023| Republic Earnings Improve, Angostura Declines
This week, at Bourse, Sarodh Ramkhelawan reviews the performance of Republic Financial Holdings Limited (RFHL) for its six months ended 31st March 2023 and Angostura Holdings Limited (AHL) for its first quarter ended 31st March 2023. RFHL would have generated higher operating profits partially offset by higher credit loss expenses, while AHL profitability dipped on […]
Bourse Report| 1.5.2023| First Citizens Improve, Unilever Dips
This week, at Bourse, Sarodh Ramkhelawan reviews the performance of First Citizens Group Financial Holdings Limited (FCGFH) for its six months (HY2023) ended 31st March, 2023 and Unilever Caribbean Limited (UCL) for its financial year ended December 31st, 2022. FCGFH benefitted from increased operating income supported by a writeback of Credit Impairment Losses, while UCL’s […]
