Bourse Report| 10.07.2023| Are Banking Sector Stocks Good Value?

This week, at Bourse, Sarodh Ramkhlewan reviews the Banking Sector of the Trinidad & Tobago Stock Exchange (TTSE), the largest sector by value or market capitalization, accounting for over half of the TTSE’s total market value. Despite weaker regional investor sentiment reflected in lower stock prices, banking sector earnings have been broadly improving over the course of 2023. Could positive earnings momentum result in price recovery across the sector, or will investors continue their more cautious approach to publicly-listed banks?