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|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 […]
Bourse Report| 07.11.2022| TCL Results Solid, WCO Revenues Slip
This week, we at Bourse review the financial performance of Trinidad Cement Limited (TCL) and West Indian Tobacco Company Limited (WCO) for the nine-month period ended September 30th, 2022 (9M2022). TCL benefitted from increased revenues and improved margins on account of higher cement sales, while WCO reported a decline in profitability impacted by company-specific headwinds. […]
Bourse Report|31.10.2022| Banking Sector Signalling Recovery?
This week, at Bourse, Sarodh Ramkhelawan, reviews Banking Sector of the Trinidad and Tobago Stock Exchange (TTSE), the largest sector by value or market capitalization accounting for over half of the TTSE’s total market value. Despite volatile financial markets and heightened uncertainty at the global level, banking sector earnings have – on aggregate – largely […]
Bourse Report|10.10.2022| Equity Markets Struggle in 2022
This week, at Bourse, Sarodh Ramkhelawan recaps the performance of local and international stock markets as at the end of the 3rd quarter of 2022 (9M 2022). Equity markets continue to face considerable uncertainty, as central banks around the world attempt to control persistent inflation at the risk of sparking recessionary conditions. Could investor sentiment […]
Bourse Report| 3.10.2022| Budget FY2023: A Double-Edged Sword?
This week, we at Bourse provide an overview of the FY2023 Budget, with announced fiscal measures likely to make an impact on consumers and investors alike. As we enter into the new fiscal period with forecast economic growth, what could be the themes and/or announcements that drive investor opportunities?
Bourse Report| 12.09.2022| TTNGL Outlook Improves
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 half year ended June 30th, 2022. TTNGL reported significantly improved earnings on account of robust energy markets and increased profitability from its solitary investee company, Phoenix […]
