
Click to view full size
By any serious measure, T&T’s stock market is in trouble. Not cyclical trouble. Not a short-term correction, but structural trouble.
Over the last four years, local equity prices have moved in a downward direction. Since 2022, the T&T Composite Index and the All T&T Index have recorded losses every single year. Cumulatively, the market has shed close to 40 per cent of its value. That kind of decline is not noise. It is a signal flare.
Former chairman of the T&T Stock Exchange, Richard Young, has framed the issue bluntly in a letter circulated to some listed companies. This is not underperformance, it is sustained decline. His warning matters precisely because the familiar explanations no longer hold up. Global uncertainty, geopolitics, commodity price volatility and regulatory drag are real, but they are now permanent features of the global economy.
The portable companion to gazettE. Get notifications, track read articles, and more. The latest news from Trinidad and Tobago, in one place.
Related stories
See articles related to "Young calls for action to halt equity decline"