Tweet
Global crisis triggers panic selling on TT Stock Exchange
published: Wednesday | November 5, 2008
Linda Hutchinson-Jafar, Business Writer
Trinidad's capital, Port-of-Spain, home of the country's stock market. - File
THE GLOBAL financial instability is creating panic selling by stock market investors in Trinidad and Tobago.
West Indies Stockbrokers Limited (WISE) says the "strong signs of panic selling" is an indication that investors are trying to mitigate risks to their portfolios.
"This has resulted in low investor confidence and lowering of demand for shares," the brokerage said in its outlook on the fourth quarter.
More
published: Wednesday | November 5, 2008
Linda Hutchinson-Jafar, Business Writer
Trinidad's capital, Port-of-Spain, home of the country's stock market. - File
THE GLOBAL financial instability is creating panic selling by stock market investors in Trinidad and Tobago.
West Indies Stockbrokers Limited (WISE) says the "strong signs of panic selling" is an indication that investors are trying to mitigate risks to their portfolios.
"This has resulted in low investor confidence and lowering of demand for shares," the brokerage said in its outlook on the fourth quarter.
More