Bourse Report | 04.19.2021 | Manufacturing Sector Fragile

On this week’s #BourseReport​, Sarodh reviews Manufacturing Sector stocks, within the context of the recent downward revision of Trinidad and Tobago’s 2021 growth forecast by the IMF’s World Economic Outlook dated April 2021 to 2.1% from a previous 2.6% (January 2021). Investors in Manufacturing Sector (I and II) stocks on the Trinidad & Tobago Stock Exchange (TTSE) will be keenly focused on developing economic and industry events which could impact the performance of these companies. Have domestic Manufacturing entities been able to withstand the COVID-19 induced economic shifts? Will slower forecast economic growth derail the performance of these companies, or can they effectively adapt to changing conditions?