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 improved over the course of 2022. Does positive earnings momentum in the TTSE’s largest sector signal brighter economic fortunes ahead, or could swirling economic headwinds dampen economic activity in the months ahead?