The PSEi, or the Philippine Stock Exchange index, is a collection of thirty (30) stocks traded in the Philippine Stock Exchange (PSE) whose overall performance is generally seen as a barometer of Philippine economic and business conditions. The PSEi’s value is important because its fluctuations could signal
Which stocks currently comprise the Philippine Stock Exchange index or PSEi? What’s the PSEi, in the first place and why is it important? About the PSEi The PSEi is composed of thirty (30) stocks traded in the Philippine Stock Exchange (PSE) whose performance is generally
Wondering why the stock price of Manila Electric Co. or Meralco (MER) has been increasing in the past days? In just one week, MER’s stock price has risen by 10.6%, closing at PHP282.00 in yesterday’s trading. One reason could be the announcement that the power
Two new companies are now part of the 30-company benchmark Philippine Stock Exchange index (PSEi), replacing two others that failed to meet the inclusion criteria. The Philippine Stock Exchange (PSE) announced last week that LT Group Inc. (LTG) and GT Capital Holdings (GTCAP) will from
Gaming operator Bloomberry Resorts Corp. (Stock Code: BLOOM) will replace property firm SM Development Corp. (SMDC) in the Philippine Stock Exchange index (PSEi) starting March 11. Bloomberry is currently one of the local bourse’s most actively-traded stocks following its announcement that it will open Solaire, a
Those holding Cebu Pacific (CEB) stocks are probably wondering what’s causing the stock to plummet during the past trading days. In just one week, the stock price of budget airline Cebu Pacific has declined by 9.3%, closing at P61.40 in last Friday’s (August 24) trading.