PSEi reshuffle

It is time once again for the semi annual re-composition of the Philippine’s main index, the PSEi. On February 22, 2017, the Exchange announced that Puregold Price Club, Inc. (PGOLD) will be replacing Emperador Inc. (EMP) in the 30-company index effective March 13, 2017. This means that we can expect the price of PGOLD to…

PSEi Changes: SECB in BLOOM out

On August 24, 2016, the Philippine Stock Exchange announced the changes in PSEi as part of its regular index review effective September 12, 2016. PSEi represents the cream of the crop out of the companies listed in the local bourse. Companies comprising the index are considered as blue chips. To qualify for the PSEi, the…

PSE Index

The PSEi (PCOMP:IND) is the main stock market index of the Philippine Stock Exchange and serves as an indicator of the general health of the country’s economy. According to memo CN-No. 2014-0011 dated February 24, 2014, the following should be met to be included in the index: 1. 12% free float level 2. must be…