Bourse Report – 9th May 2016

This week, we at Bourse review the recently released results of two of the banking sector stocks on the local exchange, namely First Citizens Bank Limited (FIRST) and National Commercial Bank Jamaica Limited (NCBJ). While both companies delivered positive growth in Earnings per Share (EPS) for the half year (HY) ended 31st March 2016, FIRST’s share price has dipped 5.6% for the year thus far, while NCBJ’s has appreciated 14.3%.