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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
Property Index
Services Index
Holding Indexes
Mining Indexes
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.
palaboytrader
Joey is the founder of a Philippine Stock Market Youtube channel and also known as “Palaboy Trader”. He does daily review of Trending stocks and teaches basics of Investing and trading. He has the aim to educate Filipinos to be financially independent He is also is an Overseas Filipino Worker Currently working in a Multinational Company in Malaysia
Renato Sio says:
your daily commentary on the PSEI gives a very good insight. thank you.
can your charts show in big letters the stocks under discussion? same as Investa?
palaboytrader says:
Thanks Renato for your inputs, yes will do that.