SAGICOR Group Jamaica Limited (SGJ) is now the largest company on the Jamaica Stock Exchange (JSE) by market capitalisation as it surpassed NCB Financial Group Limited (NCBFG) at the end of 2022.

While Sagicor Group Jamaica’s stock price only rose by 3.45 per cent in 2022, from $55.01 to $56.91 for a market capitalisation of $222.27 billion, NCBFG’s stock price declined 35.68 per cent, from $124.26 to $79.92, which pushed it to a market capitalisation of $197.14 billion. This is the first time since 2009 that NCB has lost its top spot, whether listed as NCB or the NCB Financial Group. NCBFG was listed in March 2017 and took the place of its subsidiary National Commercial Bank Jamaica Limited.

https://www.jamaicaobserver.com/business/sagicor-now-most-valuable-company-on-jse/