Slippage in stocks continued in Trinidad

Slippage in the Trinidad and Tobago Stock Exchange continued unabatedly last week with declining stocks outnumbering those rising and providing investors with an increasing array of more attractive investment choices.  
During the past week, 8 stocks declined and 4 gained.

Last economic growth is being hobbled by declines in the petroleum sector that are partially countered by growth in the other sectors of the economy. Inflation remains contained at low levels and the monetary policy rate remains at 3.5 percent but net international reserves have declined.
Against the above, several companies are performing credibly, suggesting that the sell-off of stocks is overdone.

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