(Last Updated On: August 5, 2021)
The Philippine Stock Exchange has released the latest results of our index stocks. It consist of new stocks and those that will be removed from each sector indexes. There are also amendments to the selection criteria. The results came out after trading hours and was released by the PSE board.
You can check the official results link here https://documents.pse.com.ph/CircularOPSPDF/CN-2021-0046.pdf
1. There is an increase in free float level requirements from 15% to 20%
2. Early inclusion provision for issuances that can comply with specific size and liquidity criteria
3. Adjustment to the rules for insertions and removals wherein a listed company shall be included in the PSEI if it ranks 25th or higher and shall be excluded in the PSEI if it ranks 36th or lower in terms of market capitalization
Among these new list were major stocks reshuffle
IN: ACEN, CNVRG OUT: DMC, EMP
The re-composition of indices will take effect on August 16, 2021.
For Blue chip Index
For the Industrial Index
For the Industrial index
Financials index: RCB out Industrial index: ACR in; EEI, PIZZA, PNX out Holding Firms index: ABA in, LPZ out Property index: ALCO, DMW out Services index: CNVRG, PHA in; STI, TUGS out Mining & Oil index: AT, MARC, ORE in; CPM out
Expecting re-positioning of stocks tomorrow by the fund managers.