As we reflect on the year 2023, we’ll be analysing the 10 largest companies on the Jamaica Stock Exchange (JSE) by market capitalisation.

1) Sagicor Group Jamaica Limited (SJ): market capitalisation $186.49 billion; closing price $47.75; 11.08 per cent weighting of entire Main Market valued at $1.68 trillion. SJ is a financial services provider primarily involved in insurance, banking, investments, and other related services. 2022 Position: 1

Shares outstanding: 3,905,634,918

52-week range: $40.00 – $59.42

1-year performance: –16.10 per cent

Dividend yield: 2.57 per cent

2) Massy Holdings Limited: market capitalisation $178.14 billion; closing price $90.00; 10.59 per cent weighting of entire Main Market. Massy is a Trinidad-based conglomerate with portfolios in integrates retail, gas products, motors and machines. 2022 Position: 3

Shares outstanding: 1,979,384,540

52-week range: $77.33 – $105.00

Year to date performance: +12.54 per cent

Dividend yield: 3.61 per cent

3) NCB Financial Group Limited (NCBFG): market capitalisation $168.35 billion; closing price $66.18; 10.00 per cent weighting of entire Main Market. NCBFG is a financial services group operating in insurance, banking, and wealth management across the Caribbean. 2022 Position: 2

Shares outstanding: 2,543,762,828

52-week range: $55.00 – $80.00

1-year performance: –17.19 per cent

Dividend yield: 0.76 per cent

4) Scotia Group Jamaica Limited (SGJ): market capitalisation $119.33 billion; closing price $38.35; 7.09 per cent weighting of entire Main Market. SGJ is a financial services group involved in banking, wealth management, and insurance. 2022 Position: 6

Shares outstanding: 3,111,572,984

52-week range: $30.00 – $41.50

1-year performance: +12.04 per cent

Dividend yield: 3.65 per cent

5) Barita Investments Limited (BIL): market capitalisation $90.37 billion; closing price $74.05; 5.37 per cent weighting of entire Main Market. BIL is a licensed securities dealer and primary dealer for the Bank of Jamaica. 2022 Position: 5

Shares outstanding: 1,220,388,243

52-week range: $69.90 – $102.50

1-year performance: –26.90 per cent

Dividend yield: null

6) Guardian Holdings Limited (GHL): market capitalisation $82.50 billion; closing price $355.57; 4.90 per cent weighting of entire Main Market. GHL is a Trinidad-based group of companies focused on insurance services; it is a subsidiary of NCBFG. 2022 Position: 4

Shares outstanding: 232,024,923

52-week range: $300.00 – $570.00

1 year performance: –38.74 per cent

Dividend yield: 4.74 per cent

7) Wisynco Group Limited (WISYNCO): market capitalisation $80.87 billion; closing price $21.50; 4.81 per cent weighting of entire Main Market. Wisynco is a major distributor and manufacturer in the fast-moving consumer goods space. 2022 Position: 9

Shares outstanding: 3,761,250,000

52-week range: $16.00 – $22.50

1-year performance: +21.68 per cent

Dividend yield: 2.09 per cent

8) GraceKennedy Limited (GK): market capitalisation: $79.04 billion; closing price $79.42; 4.70 per cent weighting of entire Main Market. GK is a multinational conglomerate focused on financial services and food trading. 2022 Position: 7

Shares outstanding: 995,177,300

52-week range: $60.00 – $85.00

1-year performance: –4.57 per cent

Dividend yield: 2.73 per cent

9) Pan Jamaica Group Limited (PJAM): market capitalisation $78.36 billion, closing price $48.14, 4.66 per cent weighting of entire Main Market. PJAM is a holding company with private equity, real estate and the former operating assets of Jamaica Producers Group. 2022 Position: 11

Shares outstanding: 1,627,725,023

52-week range: $40.01 – $65.00

1-year performance: –15.88 per cent

Dividend yield: 1.14 per cent

10) Supreme Ventures Limited (SVL): market capitalisation $71.47 billion; closing price $27.10; 4.25 per cent weighting of entire Main Market. SVL is a management company with subsidiaries in the micro-financing, betting, gaming and lottery operations segments. 2022 Position: 8

Shares outstanding: 2,637,254,926

52-week range: $20.00 – $31.00

1-year performance: –9.46 per cent

Dividend yield: 3.46 per cent