NCBJ, RFHL Post Positive Results.

This week, we at Bourse review the first quarter performance for the period ended December 2016 of two Banking sector stocks, National Commercial Bank of Jamaica (NCBJ) and Republic Financial Holdings Limited (RFHL). Both securities have experienced contrasting share performance year-to-date, with NCBJ up 19%, while RFHL has traded relatively flat (down 0.4%). We provide some perspective on the corporate and market performance for NCBJ and RFHL on various factors, which may have an impact in the near term.