Trinidad and Tobago’s capital markets have developed against a background of strong energy sector growth, so the current “lower prices for a longer time” outlook for hydrocarbons prices is expected to translate into slower and more modest growth in the near-term. Share prices have remained broadly flat on the Trinidad and Tobago Stock Exchange (TTSE) in 2015, and the outlook for 2016 is that they will remain the same or contract. Yet some optimistic investors believe this is a good time to…
From The Report: Trinidad & Tobago 2016
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Trinidad and Tobago’s capital markets have developed against a background of strong energy sector growth. Therefore, the current lower price environment for oil and gas is expected to translate into slower and more modest stock market growth in the near term. A total of 38 stocks were traded in 2015 – 20 recorded advances, 13 experienced declines and five held steady – with share prices remaining broadly flat on the T&T Stock Exchange. Though stock exchange activity has been muted in recent years, some optimistic investors believe this is a good time to start taking positions for an eventual recovery. The government is committed to divesting some state-owned assets, which could lead to new initial public offerings and stimulate the market. In the fixed-income segment, increased levels of activity are expected, with government bond issuance set to grow.