[{"@context":"http:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/wiki.edu.vn\/en\/wiki19\/pse-composite-index-wikipedia\/#BlogPosting","mainEntityOfPage":"https:\/\/wiki.edu.vn\/en\/wiki19\/pse-composite-index-wikipedia\/","headline":"PSE Composite Index – Wikipedia","name":"PSE Composite Index – Wikipedia","description":"From Wikipedia, the free encyclopedia Stock market index located in Philippines The PSE Composite Index, commonly known previously as the","datePublished":"2014-09-27","dateModified":"2014-09-27","author":{"@type":"Person","@id":"https:\/\/wiki.edu.vn\/en\/wiki19\/author\/lordneo\/#Person","name":"lordneo","url":"https:\/\/wiki.edu.vn\/en\/wiki19\/author\/lordneo\/","image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/c9645c498c9701c88b89b8537773dd7c?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/c9645c498c9701c88b89b8537773dd7c?s=96&d=mm&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"Enzyklop\u00e4die","logo":{"@type":"ImageObject","@id":"https:\/\/wiki.edu.vn\/wiki4\/wp-content\/uploads\/2023\/08\/download.jpg","url":"https:\/\/wiki.edu.vn\/wiki4\/wp-content\/uploads\/2023\/08\/download.jpg","width":600,"height":60}},"image":{"@type":"ImageObject","@id":"https:\/\/wikimedia.org\/api\/rest_v1\/media\/math\/render\/svg\/32ce6d59a53bfa1962f45af06543454d7753ecc0","url":"https:\/\/wikimedia.org\/api\/rest_v1\/media\/math\/render\/svg\/32ce6d59a53bfa1962f45af06543454d7753ecc0","height":"","width":""},"url":"https:\/\/wiki.edu.vn\/en\/wiki19\/pse-composite-index-wikipedia\/","about":["Wiki"],"wordCount":7095,"articleBody":"From Wikipedia, the free encyclopediaStock market index located in PhilippinesThe PSE Composite Index, commonly known previously as the PHISIX and currently as the PSEi, is a stock market index of the Philippine Stock Exchange consisting of 30 companies.[1]As the PSE’s only broad-base index, it is frequently seen as an indicator of the general state of the Philippine business climate,[2] although its reliability as an indicator of the state of the broader Philippine economy has been put into question.[3]The stock exchange regularly revises the list, at least twice a year. The PSE Composite Index is always composed of 30 stocks.Table of ContentsRequirements[edit]Formula[edit]Annual returns[edit]Current components[edit]Previous components[edit]Record values[edit]See also[edit]References[edit]External links[edit]Requirements[edit]The stock exchange maintains the following requirements for a stock to be included in the PSEi:[4]Minimum free float level of 20%.This was increased from 12% before 2018.A company must also meet the liquidity and capitalization criteria.Formula[edit]The exchange uses the following formula to calculate for the index:PSE\u00a0Indext=\u2211i=1n(Pi\u00d7Si\u00d7Fi)\u00a0b\u00d7PSE\u00a0Indext\u22121{displaystyle {mathsf {PSE Index_{t}={textstyle sum _{i=1}^{n}(P_{i}times S_{i}times F_{i})displaystyle  over  b}times PSE Index_{t-1}}}}[5]Where:n = Total number of component companies (30)Pi{displaystyle {mathsf {P_{i}}}} = Closing price of company i at day tSi{displaystyle {mathsf {S_{i}}}}= Available shares of company i at day tFi{displaystyle {mathsf {F_{i}}}}= Company free float level (0 to 1), where 1 means 100% free float.b = Free float-adjusted market capitalization baseAnnual returns[edit]The following table shows the annual development of the PSE Composite Index since 1980.[6]YearClosing levelChange in indexin pointsChange in indexin\u00a0%1980256.781981183.91\u221272.87\u221228.381982170.36\u221213.55\u22127.371983167.49\u22122.87\u22121.681984100.29\u221267.20\u221240.121985131.1930.9030.811986424.81293.62223.811987813.17388.3691.421988841.6528.483.5019891,104.57262.9231.241990651.78\u2212452.79\u221240.9919911,151.87500.0976.7319921,256.22104.359.0619933,196.081,939.86154.4219942,785.81\u2212410.27\u221212.8419952,594.18\u2212191.63\u22126.8819963,170.56576.3822.2219971,869.23\u22121,301.33\u221241.0419981,968.7899.555.3319992,142.97174.198.8520001,494.50\u2212648.47\u221230.2620011,168.08\u2212326.42\u221221.8420021,018.41\u2212149.67\u221212.8120031,442.37423.9641.6320041,822.83380.4626.3820052,096.04273.2114.9920062,982.54886.5042.2920073,621.60639.0621.4320081,872.85\u22121,748.75\u221248.2920093,052.681,179.8363.0020104,201.141,148.4637.6220114,371.96170.824.0720125,812.731,440.7732.9520135,889.8377.101.3320147,230.571,340.7422.7620156,952.08\u2212278.49\u22123.8520166,840.64\u2212111.44\u22121.6020178,558.421,717.7825.1120187,466.02\u22121,092.40\u221212.7620197,815.26349.244.6820207,139.71\u2212675.55\u22128.6420217,122.63\u221217.08\u22120.24Current components[edit]These are current as of February 2022:[7]Previous components[edit]CompanyTicker symbolTimes includedNotesABS-CBN CorporationPSE:\u00a0ABSRemoved May 2008,[8] removed November 2009,[9] re-added May 2010,[10] removed September 2011[11]Belle CorporationPSE:\u00a0BELComponent since September 2001,[12] removed May 2008,[8] re-added September 2011,[11] removed August 2013[13]Benpres HoldingsComponent since September 2001[12]Renamed into Lopez Holdings Corporation (PSE:\u00a0LPZ)Bloomberry Resorts CorporationPSE:\u00a0BLOOMRemoved February 2022[14]C&P HomesCMPComponent since September 2001[12]Now part of Vista Land (PSE:\u00a0VLL)Cebu PacificPSE:\u00a0CEBAdded September 2011,[11] removed September 2012[15]ChinabankPSE:\u00a0CHIBAdded May 2010[10]Digital Telecommunications PhilippinesDGTLComponent since September 2001[12]Bought by PLDT (PSE:\u00a0TEL)DMCI HoldingsPSE:\u00a0DMCRemoved May 2008,[8] re-removed August 2021[16]Emperador, Inc.PSE:\u00a0EMPAdded September 2015,[17] removed March 2017,[18] re-added August 2020,[19] re-removed August 2021,[16] re-added February 2022[14]Empire East LandPSE:\u00a0EEIAdded April 2006[20]Energy Development CorporationEDCRemoved September 2017[21]Renamed into Lopez Holdings Corporation (PSE:\u00a0LPZ)Equitable PCI BankEPCIBought by Banco de Oro (PSE:\u00a0BDO)Fil-Estate LandRemoved September 2001[12]Bought by Alliance Global (PSE:\u00a0AGI)FilinvestPSE:\u00a0FDCRemoved September 2001,[12] removed September 2011[11]First Philippine Holdings CorporationPSE:\u00a0FPHRemoved September 2011[11]GMA NetworkPSE:\u00a0GMA7Added May 2009[22]Holcim PhilippinesPSE:\u00a0HLCMRemoved April 2006[20]La Tonde\u00f1a DistillersLTDIComponent since September 2001[12]Bought by San Miguel Corporation (PSE:\u00a0SMC); renamed as Ginebra San Miguel (PSE:\u00a0GSMI)Lepanto MiningPSE:\u00a0LC\u00a0and\u00a0LCBRemoved September 2011[11]Manila MiningPSE:\u00a0MA\u00a0and\u00a0MABAdded April 2006[20]Music CorporationMUSXAdded September 2001[12]Now Green Holdings, Inc. (PSE:\u00a0GREEN)Petron CorporationPSE:\u00a0PCORRemoved May 2008,[8] re-added May 2009,[22] re-added September 2012,[15] removed February 2018[23]Philex MiningPSE:\u00a0PXRemoved September 2015[17]Philippine National BankPSE:\u00a0PNBComponent since September 2001,[12] re-added May 2008[8]Philippine Stock ExchangePSE:\u00a0PSEAdded November 2009[9]PiltelPLTLAdded September 2001,[12] removed April 2006[20]Bought by PLDT (PSE:\u00a0TEL)Rizal Commercial Banking CorporationPSE:\u00a0RCBCAdded May 2008,[8] removed November 2009[9]Robinsons Retail HoldingsPSE:\u00a0RRHIRemoved February 2022[14]Semirara Mining and Power CorporationPSE:\u00a0SCCAdded September 2011,[11] removed August 2020[19]SM Development CorporationPSE:\u00a0SMDCAdded September 2011,[11] removed March 2013[24]Southeast Asia Cement HoldingsCMTAdded September 2001[12]UnionbankPSE:\u00a0UBPAdded May 2008, re-added May 2009[22]Union CementAdded September 2001[12]Bought by Phinma Corporation (PSE:\u00a0PHN)Vista LandPSE:\u00a0VLLAdded May 2008,[8] removed November 2009Record values[edit]CategoryAll-Time HighsClosing9,041.20Friday, January 26, 2018Intraday9,078.37Monday, January 29, 2018See also[edit]References[edit]^ “The Philippine Stock Exchange”. Retrieved September 17, 2014.^ Balaba, Jeaneth Michelle L. (June 20\u201322, 2017). Does the Stock market Drive the Philippine Economy? (PDF). DLSU Research Congress 2017. Retrieved July 31, 2018.^ Heydarian, Richard Javad (March 20, 2013). “Philippine Stocks Crash: Symptom of Growing Economic Imbalances”. HuffPost. Retrieved July 31, 2018.^ Resane, Andrea Mei B. (February 13, 2018). “No change in PSE index; sectors undergo revamp”. BusinessWorld. Retrieved March 27, 2018.^ “PSE Policy on Index Management” (PDF).{{cite web}}:  CS1 maint: url-status (link)^ Committee for Financial Technical Assistance in Asia: The Stock Markets in Asia, Institute of Global Financial Studies, Foundation for Advanced Information and Research, Tokio 1994^ “PSEi revised, ACEN and CNVRG added”. Manila Bulletin. August 5, 2021. Retrieved August 19, 2021.^ a b c d e f g “PSE to change composition of indices on May 26”. ABS-CBN News. April 28, 2008. Retrieved August 19, 2021.^ a b c “PSE to join main index for the first time”. ABS-CBN News. October 22, 2009. Retrieved August 19, 2021.^ a b “ABS-CBN back in PSE main index”. ABS-CBN News. May 5, 2010. Retrieved August 19, 2021.^ a b c d e f g h Alcuaz, Coco (August 25, 2011). “San Miguel, Cebu Air, SMDC join index; darling stock Lepanto out”. ABS-CBN News. Retrieved August 19, 2021.^ a b c d e f g h i j k l Mendez, Christina; Diaz, Conrado Jr. “PSE reconstitutes main index”. Philstar.com. Retrieved August 19, 2021.^ Rivera, Danessa O. “LT Group, GT Capital replace Meralco, Belle Corp. in benchmark PSEi”. GMA News Online. Retrieved August 19, 2021.^ a b c “PSEi to move sideways on rebalancing, oil prices”. BusinessWorld Online. February 6, 2022. Retrieved February 7, 2022.^ a b Miraflor, Madelaine B. (August 24, 2012). “Petron replaces Cebu Air at stock index”. The Manila Times. Retrieved August 19, 2021.^ a b “PSEi revised, ACEN and CNVRG added”. Manila Bulletin. August 5, 2021. Retrieved August 19, 2021.^ a b “Emperador a blue chip under revised PSE index”. Philstar.com. Retrieved August 19, 2021.^ “Emperador out, Puregold in when PSEi recomposes in mid-March”. BusinessMirror. February 22, 2017. Retrieved August 19, 2021.^ a b “Emperador set to join 30-company PSE index”. Manila Standard. Retrieved August 19, 2021.^ a b c d “Holcim, Piltel taken out of stock index”. The Manila Times. March 18, 2006. Retrieved August 19, 2021.^ Dumlao Abadilla, Doris (September 26, 2017). “RRHI to join PSEi, replacing EDC”. INQUIRER.net. Retrieved August 19, 2021.^ a b c Pe\u00f1a, Zinnia B. Dela. “PSE reconstitutes indices”. Philstar.com. Retrieved August 19, 2021.^ Cabuag, V. G. (February 11, 2019). “Petron out, Bloomberry in at benchmark PSEi | VG Cabuag”. BusinessMirror. Retrieved August 19, 2021.^ “New PSEi: Razon-led Bloomberry in, Sy-led SMDC out”. Rappler. February 28, 2013. Retrieved August 19, 2021.External links[edit]  "},{"@context":"http:\/\/schema.org\/","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"item":{"@id":"https:\/\/wiki.edu.vn\/en\/wiki19\/#breadcrumbitem","name":"Enzyklop\u00e4die"}},{"@type":"ListItem","position":2,"item":{"@id":"https:\/\/wiki.edu.vn\/en\/wiki19\/pse-composite-index-wikipedia\/#breadcrumbitem","name":"PSE Composite Index – Wikipedia"}}]}]