Friday, 13th September | There’s not much change to the PE Ratios for stocks on the Trinidad Stock Market as prices changes have remained muted for much of the past week. There are signs that with the allocation of the First Citizens Bank shares, funds may have been freed up for trading in other stocks.
On Monday, First Citizens is expected to commence trading and that is likely to make an immediate difference to the PE for that stock. There are others that appear ready to move in the days ahead. Trinidad Cement with the big pull back should attract some buying interest again.
We have removed National Enterprises from Finance and Banks to Conglomerates as the company is a holding company for a number of industrial enterprises in Trinidad.
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