Five (5) new companies are to be included in the revised Philippine Stock Exchange index (PSEi) effective September 12.
These five companies are Belle Corporation (BEL), Cebu Air Inc. (CEB), San Miguel Corporation (SMC), Semirara Mining Corporation (SCC) and SM Development Corporation (SMDC).
They will replace ABS-CBN Corporation (ABS), Filinvest Land Inc. (FLI), First Philippine Holdings Corp. (FPH), Lepanto Consolidated Mining Company (LC/LCB) and Security Bank Corporation (SECB) that were previously included in the PSEi as of May 2011.
The updated 30-company PSE index is as follows.
Composition of the Philippine Stock Exchange index (PSEi)
as of September 2011
[TABLE=96]
The PSEi, a basket of thirty (30) publicly-traded shares in the local bourse, generally represents the overall economic well-being of the Philippine economy and is usually used as the benchmark index for funds heavily invested in domestic equities.
Twice every year (March and September), the PSEi is assessed whether the stocks in the index adhere to the policies governing PSEi inclusion.
These policies include:
- Free float level of at least 10%
- Liquidity or average daily trading value of at least P5 million
- Volume turnover ratio of at least 10%
- Tradability of at least 95% of the total trading days
- Free float market capitalization
Companies included in the PSEi that do not adhere to the above rules are removed and replaced with new ones.
The new composition of the Sector Indices is as follows.
Financials Index
- BANCO DE ORO UNIBANK (BDO)
- BANK OF THE PHILIPPINE ISLANDS (BPI)
- CHINA BANKING CORPORATION (CHIB)
- METROPOLITAN BANK & TRUST COMPANY (MBT)
- NATIONAL REINSURANCE CORPORATION OF THE PHILIPPINES (NRCP)
- PHILIPPINE NATIONAL BANK (PNB)
- RIZAL COMMERCIAL BANKING CORPORATION (RC B)
- SECURITY BANK CORPORATION (SECB)
- THE PHILIPPINE STOCK EXCHANGE, INC. (PSE)
- UNION BANK OF THE PHILIPPINES (UBP)
- VANTAGE EQUITIES (V)
Industrial Index
- ALLIANCE TUNA INTERNATIONAL, INC.
- CHEMREZ TECHNOLOGIES, INC.
- EEI CORPORATION
- FIRST GEN CORPORATION
- FIRST PHILIPPINE HOLDINGS CORPORATION
- GINEBRA SAN MIGUEL, INC.
- HOLCIM PHILIPPINES, INC.
- JOLLIBEE FOODS CORPORATION
- MANILA ELECTRIC COMPANY
- MANILA WATER COMPANY, INC.
- PETRON CORPORATION
- PICOP RESOURCES, INC.
- PNOC-ENERGY DEVELOPMENT CORPORATION
- REPUBLIC CEMENT CORPORATION
- ROXAS HOLDINGS, INC.
- SAN MIGUEL CORPORATION
- SOUTHEAST ASIA CEMENT HOLDINGS, INC.
- TRANS-ASIA OIL & ENERGY DEVELOPMENT CORPORATION
- UNIVERSAL ROBINA CORPORATION
Holding Firms Index
- A. SORIANO CORPORATION
- ABACUS CONSOLIDATED RESOURCES & HOLDINGS, INC.
- ABOITIZ EQUITY VENTURES, INC.
- AJO.NET HOLDINGS, INC.
- ALCORN GOLD RESOURCES CORPORATION
- ALSONS CONSOLIDATED RESOURCES, INC.
- ANGLO-PHILIPPINE HOLDINGS CORPORATION
- APC GROUP, INC.
- AYALA CORPORATION
- BENPRES HOLDINGS CORPORATION
- DMCI HOLDINGS, INC.
- ETON PROPERTIES PHILIPPINES, INC.
- FILINVEST DEVELOPMENT CORPORATION
- HOUSE OF INVESTMENTS, INC.
- JG SUMMIT HOLDINGS, INC.
- MINERALES INDUSTRIAS CORPORATION
- PACIFICA, INC.
- PRIME ORION PHILIPPINES, INC.
- SINOPHIL CORPORATION
- SM INVESTMENTS CORPORATION
- WELLEX INDUSTRIES, INC.
Property Index
- A BROWN COMPANY, INC.
- AYALA LAND, INC.
- BELLE CORPORATION
- CEBU HOLDINGS, INC.
- CROWN EQUITIES, INC.
- CYBER BAY CORPORATION
- EMPIRE EAST LAND HOLDINGS, INC.
- EVER GOTESCO RESOURCES & HOLDINGS, INC.
- FIL-ESTATE LAND, INC.
- FILINVEST LAND, INC.
- INTERPORT RESOURCES CORPORATION
- MEGAWORLD CORPORATION
- METRO PACIFIC INVESTMENTS CORPORATION
- MRC ALLIED INDUSTRIES, INC.
- PHILIPPINE REALTY & HOLDINGS CORPORATION
- ROBINSONS LAND CORPORATION
- SHANG PROPERTIES, INC.
- SM DEVELOPMENT CORPORATION
- SM PRIME HOLDINGS, INC.
- SUNTRUST HOME DEVELOPERS, INC.
- UNIWIDE HOLDINGS, INC.
Services Index
- ABS-CBN BROADCASTING CORPORATION
- ASIAN TERMINALS, INC.
- BOULEVARD HOLDINGS, INC.
- DIGITAL TELECOMMUNICATIONS PHILIPPINES, INC.
- GLOBE TELECOM, INC.
- INTERNATIONAL CONTAINER TERMINAL SERVICES, INC.
- IONICS, INC.
- ISM COMMUNICATIONS CORPORATION
- LEISURE & RESORTS WORLD CORPORATION
- MACROASIA CORPORATION
- PAXYS CORPORATION
- PHILIPPINE LONG DISTANCE TELEPHONE COMPANY
- PHILWEB CORPORATION
- PILIPINO TELEPHONE CORPORATION
- PREMIERE ENTERTAINMENT PRODUCTIONS, INC.
- WATERFRONT PHILIPPINES, INC.
Mining & Oil Index
- ABRA MINING & INDUSTRIAL CORPORATION
- APEX MINING COMPANY, INC.
- ATLAS CONSOLIDATED MINING & DEV’T CORPORATION
- BASIC ENERGY CORPORATION
- GEOGRACE RESOURCES PHILIPPINES, INC.
- LEPANTO CONSOLIDATED MINING COMPANY
- MANILA MINING CORPORATION
- OMICO CORPORATION
- ORIENTAL PETROLEUM & MINERAL CORPORATION
- PETROENERGY RESOURCES CORPORATION
- PHILEX MINING CORPORATION
- SEMIRARA MINING CORPORATION
- THE PHILODRILL CORPORATION
- UNITED PARAGON MINING CORPORATION
- VULCAN INDUSTRIAL & MINING CORPORATION
Reserve List
- SECURITY BANK CORPORATION (SECB)
- PHILIPPINE NATIONAL BANK (PNB)
- FIRST PHILIPPINE HOLDINGS (FPH)
- UNION BANK OF THE PHILIPPINES (UBP)
- FILINVEST LAND, INC. (90)
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