Advertisement

Trinidad equities market puts NCB at top of 2012 stock picks

The equities market in Trinidad and Tobago has placed National Commercial Bank, NCB, at the top of stock picks for 2012.

According to a report in Trinidad's Express newspaper the cross-listed company has been showcasing consistency in its earnings growth.

It says the movement of  the stock price in the last two years is a reflection of  its performance.

It adds that in a low interest rate environment, NCB has managed to improve its Net Interest Income margin.

It says NCB's insurance operations have contributed significantly to profits and may be able to provide greater opportunities in the future.

The Express newspaper says the potential for capital appreciation and dividend yield makes NCB the top recommendation for this year.

 



Most Popular