Menu
Home Explore People Places Arts History Plants & Animals Science Life & Culture Technology
On this page
PSE Composite Index
Stock market index located in Philippines

The PSE Composite Index, or the PSEi (previously PHISIX), is a stock market index of the Philippine Stock Exchange (PSE) always consisting of 30 of the largest companies traded on the stock exchange. This is in contrast to the PSE All Shares Index which is an index of all stocks traded on the PSE.

The highest closing value was 9,041.20 on Friday, January 26, 2018. The highest intraday value was 9,078.37 on Monday, January 29, 2018.

It is the PSE's only broad-base index and is seen as an indicator of the general state of the Philippine business climate, although there is evidence the index may not be a reliable indicator of the state of the broader Philippine economy.

The PSE revises the list at least twice a year based upon requirements that include a minimum public float level of 20% (increased from 12% in 2018) and criteria for market liquidity and market capitalization.

We don't have any images related to PSE Composite Index yet.
We don't have any YouTube videos related to PSE Composite Index yet.
We don't have any PDF documents related to PSE Composite Index yet.
We don't have any Books related to PSE Composite Index yet.
We don't have any archived web articles related to PSE Composite Index yet.

Formula

The following formula is used by the PSE to calculate the index's value:

P S E   I n d e x t = ∑ i = 1 n ( P i × S i × F i )   b × P S E   I n d e x t − 1 {\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)

P i {\displaystyle {\mathsf {P_{i}}}} = Closing price of company i at day t

S i {\displaystyle {\mathsf {S_{i}}}} = Available shares of company i at day t

F i {\displaystyle {\mathsf {F_{i}}}} = Company free float level (0 to 1), where 1 means 100% free float.

b = Free float-adjusted market capitalization base

Current components

These are current as of February 2022:6

CompanyTicker symbolAlso a component of the
Aboitiz Equity VenturesPSE: AEVPSE Holding Firms Index
ACEN CorporationPSE: ACENPSE Industrial Index
Alliance GlobalPSE: AGIPSE Holding Firms Index
Ayala CorporationPSE: ACPSE Holding Firms Index
Ayala LandPSE: ALIPSE Property Index
Banco de OroPSE: BDOPSE Financials Index
Bank of the Philippine IslandsPSE: BPIPSE Financials Index
BloomberryPSE: BLOOMPSE Services Index
Century Pacific FoodPSE: CNPFPSE Industrial Index
Converge ICTPSE: CNVRGPSE Services Index
DMCI HoldingsPSE: DMCPSE Holding Firms Index
Emperador, Inc.PSE: EMIPSE Industrial Index
Globe TelecomPSE: GLOPSE Services Index
GT CapitalPSE: GTCAPPSE Holding Firms Index
International Container Terminal ServicesPSE: ICTPSE Services Index
JG Summit HoldingsPSE: JGSPSE Holding Firms Index
Jollibee Foods CorporationPSE: JFCPSE Industrial Index
LT GroupPSE: LTGPSE Holding Firms Index
MeralcoPSE: MERPSE Industrial Index
MetrobankPSE: MBTPSE Financials Index
Monde NissinPSE: MONDEPSE Industrial Index
Nickel Asia CorporationPSE: NIKLPSE Mining and Oil Index
PLDTPSE: TELPSE Services Index
PuregoldPSE: PGOLDPSE Services Index
San Miguel CorporationPSE: SMCPSE Holding Firms Index
Semirara Mining and Power CorporationPSE: SCCPSE Mining and Oil Index
SM Investments CorporationPSE: SMPSE Holding Firms Index
SM Prime HoldingsPSE: SMPHPSE Property Index
Universal RobinaPSE: URCPSE Industrial Index
WilconPSE: WLCONPSE Services Index

Previous components

CompanyTicker symbolTimes includedNotes
ABS-CBN CorporationPSE: ABSRemoved May 2008,7 removed November 2009,8 re-added May 2010,9 removed September 201110
Belle CorporationPSE: BELComponent since September 2001,11 removed May 2008,12 re-added September 2011,13 removed August 201314
Benpres HoldingsComponent since September 200115Renamed into Lopez Holdings Corporation (PSE: LPZ)
Bloomberry Resorts CorporationPSE: BLOOMRemoved February 202216
C&P HomesCMPComponent since September 200117Now part of Vista Land (PSE: VLL)
Cebu PacificPSE: CEBAdded September 2011,18 removed September 201219
ChinabankPSE: CHIBAdded May 201020
Digital Telecommunications PhilippinesDGTLComponent since September 200121Bought by PLDT (PSE: TEL)
DMCI HoldingsPSE: DMCRemoved May 2008,22 re-removed August 202123
Emperador, Inc.PSE: EMPAdded September 2015,24 removed March 2017,25 re-added August 2020,26 re-removed August 2021,27 re-added February 202228
Empire East LandPSE: EEIAdded April 200629
Energy Development CorporationEDCRemoved September 201730Renamed into Lopez Holdings Corporation (PSE: LPZ)
Equitable PCI BankEPCIBought by Banco de Oro (PSE: BDO)
Fil-Estate LandRemoved September 200131Bought by Alliance Global (PSE: AGI)
FilinvestPSE: FDCRemoved September 2001,32 removed September 201133
First Philippine Holdings CorporationPSE: FPHRemoved September 201134
GMA NetworkPSE: GMA7Added May 200935
Holcim PhilippinesPSE: HLCMRemoved April 200636
La Tondeña DistillersLTDIComponent since September 200137Bought by San Miguel Corporation (PSE: SMC); renamed as Ginebra San Miguel (PSE: GSMI)
Lepanto MiningPSE: LC and LCBRemoved September 201138
Manila MiningPSE: MA and MABAdded April 200639
Music CorporationMUSXAdded September 200140Now Green Holdings, Inc. (PSE: GREEN)
Petron CorporationPSE: PCORRemoved May 2008,41 re-added May 2009,42 re-added September 2012,43 removed February 201844
Philex MiningPSE: PXRemoved September 201545
Philippine National BankPSE: PNBComponent since September 2001,46 re-added May 200847
Philippine Stock ExchangePSE: PSEAdded November 200948
PiltelPLTLAdded September 2001,49 removed April 200650Bought by PLDT (PSE: TEL)
Rizal Commercial Banking CorporationPSE: RCBCAdded May 2008,51 removed November 200952
Robinsons Retail HoldingsPSE: RRHIRemoved February 202253
Semirara Mining and Power CorporationPSE: SCCAdded September 2011,54 removed August 202055
SM Development CorporationPSE: SMDCAdded September 2011,56 removed March 201357
Southeast Asia Cement HoldingsCMTAdded September 200158
UnionbankPSE: UBPAdded May 2008, re-added May 200959
Union CementAdded September 200160Bought by Phinma Corporation (PSE: PHN)
Vista LandPSE: VLLAdded May 2008,61 removed November 2009

See also

References

  1. "The Philippine Stock Exchange". Retrieved September 17, 2014. http://www.pse.com.ph/stockMarket/marketInfo-marketActivity.html?tab=1 ↩

  2. Balaba, Jeaneth Michelle L. (June 20–22, 2017). Does the Stock market Drive the Philippine Economy? (PDF). DLSU Research Congress 2017. Retrieved July 31, 2018. http://www.dlsu.edu.ph/conferences/dlsu-research-congress-proceedings/2017/RVREBM/RVREBM-I-003.pdf ↩

  3. Heydarian, Richard Javad (March 20, 2013). "Philippine Stocks Crash: Symptom of Growing Economic Imbalances". HuffPost. Retrieved July 31, 2018. https://www.huffingtonpost.com/richard-javad-heydarian/philippine-stocks-crash-s_b_2900518.html ↩

  4. Resane, Andrea Mei B. (February 13, 2018). "No change in PSE index; sectors undergo revamp". BusinessWorld. Retrieved March 27, 2018. http://bworldonline.com/no-change-pse-index-sectors-undergo-revamp/ ↩

  5. "PSE Policy on Index Management" (PDF). https://documents.pse.com.ph/wp-content/uploads/sites/15/2021/08/Policy-on-Index-Management-ver.-2021-clean.pdf ↩

  6. "PSEi revised, ACEN and CNVRG added". Manila Bulletin. August 5, 2021. Retrieved August 19, 2021. https://mb.com.ph/2021/08/05/psei-revised-acen-and-cnvrg-added/ ↩

  7. "PSE to change composition of indices on May 26". ABS-CBN News. April 28, 2008. Retrieved August 19, 2021. https://news.abs-cbn.com/business/04/28/08/pse-change-composition-indices-may-26 ↩

  8. "PSE to join main index for the first time". ABS-CBN News. October 22, 2009. Retrieved August 19, 2021. https://news.abs-cbn.com/business/10/22/09/pse-join-main-index-first-time ↩

  9. "ABS-CBN back in PSE main index". ABS-CBN News. May 5, 2010. Retrieved August 19, 2021. https://news.abs-cbn.com/business/05/05/10/abs-cbn-back-pse-main-index ↩

  10. Alcuaz, Coco (August 25, 2011). "San Miguel, Cebu Air, SMDC join index; darling stock Lepanto out". ABS-CBN News. Retrieved August 19, 2021. https://news.abs-cbn.com/business/08/25/11/san-miguel-cebu-air-smdc-join-index-darling-stock-lepanto-out ↩

  11. Mendez, Christina; Diaz, Conrado Jr. "PSE reconstitutes main index". Philstar.com. Retrieved August 19, 2021. https://www.philstar.com/business/2001/09/18/134069/pse-reconstitutes-main-index ↩

  12. "PSE to change composition of indices on May 26". ABS-CBN News. April 28, 2008. Retrieved August 19, 2021. https://news.abs-cbn.com/business/04/28/08/pse-change-composition-indices-may-26 ↩

  13. Alcuaz, Coco (August 25, 2011). "San Miguel, Cebu Air, SMDC join index; darling stock Lepanto out". ABS-CBN News. Retrieved August 19, 2021. https://news.abs-cbn.com/business/08/25/11/san-miguel-cebu-air-smdc-join-index-darling-stock-lepanto-out ↩

  14. Rivera, Danessa O. "LT Group, GT Capital replace Meralco, Belle Corp. in benchmark PSEi". GMA News Online. Retrieved August 19, 2021. https://www.gmanetwork.com/news/story/323986/money/companies/lt-group-gt-capital-replace-meralco-belle-corp-in-benchmark-psei/ ↩

  15. Mendez, Christina; Diaz, Conrado Jr. "PSE reconstitutes main index". Philstar.com. Retrieved August 19, 2021. https://www.philstar.com/business/2001/09/18/134069/pse-reconstitutes-main-index ↩

  16. "PSEi to move sideways on rebalancing, oil prices". BusinessWorld Online. February 6, 2022. Retrieved February 7, 2022. https://www.bworldonline.com/psei-to-move-sideways-on-rebalancing-oil-prices/ ↩

  17. Mendez, Christina; Diaz, Conrado Jr. "PSE reconstitutes main index". Philstar.com. Retrieved August 19, 2021. https://www.philstar.com/business/2001/09/18/134069/pse-reconstitutes-main-index ↩

  18. Alcuaz, Coco (August 25, 2011). "San Miguel, Cebu Air, SMDC join index; darling stock Lepanto out". ABS-CBN News. Retrieved August 19, 2021. https://news.abs-cbn.com/business/08/25/11/san-miguel-cebu-air-smdc-join-index-darling-stock-lepanto-out ↩

  19. Miraflor, Madelaine B. (August 24, 2012). "Petron replaces Cebu Air at stock index". The Manila Times. Retrieved August 19, 2021. https://www.manilatimes.net/2012/08/24/business/petron-replaces-cebu-air-at-stock-index/870547 ↩

  20. "ABS-CBN back in PSE main index". ABS-CBN News. May 5, 2010. Retrieved August 19, 2021. https://news.abs-cbn.com/business/05/05/10/abs-cbn-back-pse-main-index ↩

  21. Mendez, Christina; Diaz, Conrado Jr. "PSE reconstitutes main index". Philstar.com. Retrieved August 19, 2021. https://www.philstar.com/business/2001/09/18/134069/pse-reconstitutes-main-index ↩

  22. "PSE to change composition of indices on May 26". ABS-CBN News. April 28, 2008. Retrieved August 19, 2021. https://news.abs-cbn.com/business/04/28/08/pse-change-composition-indices-may-26 ↩

  23. "PSEi revised, ACEN and CNVRG added". Manila Bulletin. August 5, 2021. Retrieved August 19, 2021. https://mb.com.ph/2021/08/05/psei-revised-acen-and-cnvrg-added/ ↩

  24. "Emperador a blue chip under revised PSE index". Philstar.com. Retrieved August 19, 2021. https://www.philstar.com/business/2014/08/28/1362390/emperador-blue-chip-under-revised-pse-index ↩

  25. "Emperador out, Puregold in when PSEi recomposes in mid-March". BusinessMirror. February 22, 2017. Retrieved August 19, 2021. https://businessmirror.com.ph/2017/02/22/emperador-out-puregold-in-when-psei-recomposes-in-mid-march/ ↩

  26. "Emperador set to join 30-company PSE index". Manila Standard. Retrieved August 19, 2021. https://www.manilastandard.net/business/corporate/330818/emperador-set-to-join-30-company-pse-index.html ↩

  27. "PSEi revised, ACEN and CNVRG added". Manila Bulletin. August 5, 2021. Retrieved August 19, 2021. https://mb.com.ph/2021/08/05/psei-revised-acen-and-cnvrg-added/ ↩

  28. "PSEi to move sideways on rebalancing, oil prices". BusinessWorld Online. February 6, 2022. Retrieved February 7, 2022. https://www.bworldonline.com/psei-to-move-sideways-on-rebalancing-oil-prices/ ↩

  29. "Holcim, Piltel taken out of stock index". The Manila Times. March 18, 2006. Retrieved August 19, 2021. https://www.manilatimes.net/2006/03/18/business/holcim-piltel-taken-out-of-stock-index/791023 ↩

  30. Dumlao Abadilla, Doris (September 26, 2017). "RRHI to join PSEi, replacing EDC". INQUIRER.net. Retrieved August 19, 2021. https://business.inquirer.net/237511/rrhi-join-psei-replacing-edc ↩

  31. Mendez, Christina; Diaz, Conrado Jr. "PSE reconstitutes main index". Philstar.com. Retrieved August 19, 2021. https://www.philstar.com/business/2001/09/18/134069/pse-reconstitutes-main-index ↩

  32. Mendez, Christina; Diaz, Conrado Jr. "PSE reconstitutes main index". Philstar.com. Retrieved August 19, 2021. https://www.philstar.com/business/2001/09/18/134069/pse-reconstitutes-main-index ↩

  33. Alcuaz, Coco (August 25, 2011). "San Miguel, Cebu Air, SMDC join index; darling stock Lepanto out". ABS-CBN News. Retrieved August 19, 2021. https://news.abs-cbn.com/business/08/25/11/san-miguel-cebu-air-smdc-join-index-darling-stock-lepanto-out ↩

  34. Alcuaz, Coco (August 25, 2011). "San Miguel, Cebu Air, SMDC join index; darling stock Lepanto out". ABS-CBN News. Retrieved August 19, 2021. https://news.abs-cbn.com/business/08/25/11/san-miguel-cebu-air-smdc-join-index-darling-stock-lepanto-out ↩

  35. Peña, Zinnia B. Dela. "PSE reconstitutes indices". Philstar.com. Retrieved August 19, 2021. https://www.philstar.com/business/2009/04/17/457922/pse-reconstitutes-indices ↩

  36. "Holcim, Piltel taken out of stock index". The Manila Times. March 18, 2006. Retrieved August 19, 2021. https://www.manilatimes.net/2006/03/18/business/holcim-piltel-taken-out-of-stock-index/791023 ↩

  37. Mendez, Christina; Diaz, Conrado Jr. "PSE reconstitutes main index". Philstar.com. Retrieved August 19, 2021. https://www.philstar.com/business/2001/09/18/134069/pse-reconstitutes-main-index ↩

  38. Alcuaz, Coco (August 25, 2011). "San Miguel, Cebu Air, SMDC join index; darling stock Lepanto out". ABS-CBN News. Retrieved August 19, 2021. https://news.abs-cbn.com/business/08/25/11/san-miguel-cebu-air-smdc-join-index-darling-stock-lepanto-out ↩

  39. "Holcim, Piltel taken out of stock index". The Manila Times. March 18, 2006. Retrieved August 19, 2021. https://www.manilatimes.net/2006/03/18/business/holcim-piltel-taken-out-of-stock-index/791023 ↩

  40. Mendez, Christina; Diaz, Conrado Jr. "PSE reconstitutes main index". Philstar.com. Retrieved August 19, 2021. https://www.philstar.com/business/2001/09/18/134069/pse-reconstitutes-main-index ↩

  41. "PSE to change composition of indices on May 26". ABS-CBN News. April 28, 2008. Retrieved August 19, 2021. https://news.abs-cbn.com/business/04/28/08/pse-change-composition-indices-may-26 ↩

  42. Peña, Zinnia B. Dela. "PSE reconstitutes indices". Philstar.com. Retrieved August 19, 2021. https://www.philstar.com/business/2009/04/17/457922/pse-reconstitutes-indices ↩

  43. Miraflor, Madelaine B. (August 24, 2012). "Petron replaces Cebu Air at stock index". The Manila Times. Retrieved August 19, 2021. https://www.manilatimes.net/2012/08/24/business/petron-replaces-cebu-air-at-stock-index/870547 ↩

  44. Cabuag, V. G. (February 11, 2019). "Petron out, Bloomberry in at benchmark PSEi | VG Cabuag". BusinessMirror. Retrieved August 19, 2021. https://businessmirror.com.ph/2019/02/11/petron-out-bloomberry-in-at-benchmark-psei/ ↩

  45. "Emperador a blue chip under revised PSE index". Philstar.com. Retrieved August 19, 2021. https://www.philstar.com/business/2014/08/28/1362390/emperador-blue-chip-under-revised-pse-index ↩

  46. Mendez, Christina; Diaz, Conrado Jr. "PSE reconstitutes main index". Philstar.com. Retrieved August 19, 2021. https://www.philstar.com/business/2001/09/18/134069/pse-reconstitutes-main-index ↩

  47. "PSE to change composition of indices on May 26". ABS-CBN News. April 28, 2008. Retrieved August 19, 2021. https://news.abs-cbn.com/business/04/28/08/pse-change-composition-indices-may-26 ↩

  48. "PSE to join main index for the first time". ABS-CBN News. October 22, 2009. Retrieved August 19, 2021. https://news.abs-cbn.com/business/10/22/09/pse-join-main-index-first-time ↩

  49. Mendez, Christina; Diaz, Conrado Jr. "PSE reconstitutes main index". Philstar.com. Retrieved August 19, 2021. https://www.philstar.com/business/2001/09/18/134069/pse-reconstitutes-main-index ↩

  50. "Holcim, Piltel taken out of stock index". The Manila Times. March 18, 2006. Retrieved August 19, 2021. https://www.manilatimes.net/2006/03/18/business/holcim-piltel-taken-out-of-stock-index/791023 ↩

  51. "PSE to change composition of indices on May 26". ABS-CBN News. April 28, 2008. Retrieved August 19, 2021. https://news.abs-cbn.com/business/04/28/08/pse-change-composition-indices-may-26 ↩

  52. "PSE to join main index for the first time". ABS-CBN News. October 22, 2009. Retrieved August 19, 2021. https://news.abs-cbn.com/business/10/22/09/pse-join-main-index-first-time ↩

  53. "PSEi to move sideways on rebalancing, oil prices". BusinessWorld Online. February 6, 2022. Retrieved February 7, 2022. https://www.bworldonline.com/psei-to-move-sideways-on-rebalancing-oil-prices/ ↩

  54. Alcuaz, Coco (August 25, 2011). "San Miguel, Cebu Air, SMDC join index; darling stock Lepanto out". ABS-CBN News. Retrieved August 19, 2021. https://news.abs-cbn.com/business/08/25/11/san-miguel-cebu-air-smdc-join-index-darling-stock-lepanto-out ↩

  55. "Emperador set to join 30-company PSE index". Manila Standard. Retrieved August 19, 2021. https://www.manilastandard.net/business/corporate/330818/emperador-set-to-join-30-company-pse-index.html ↩

  56. Alcuaz, Coco (August 25, 2011). "San Miguel, Cebu Air, SMDC join index; darling stock Lepanto out". ABS-CBN News. Retrieved August 19, 2021. https://news.abs-cbn.com/business/08/25/11/san-miguel-cebu-air-smdc-join-index-darling-stock-lepanto-out ↩

  57. "New PSEi: Razon-led Bloomberry in, Sy-led SMDC out". Rappler. February 28, 2013. Retrieved August 19, 2021. https://www.rappler.com/business/new-pse-index-razon-led-bloomberry-in-sy-led-smdc-out ↩

  58. Mendez, Christina; Diaz, Conrado Jr. "PSE reconstitutes main index". Philstar.com. Retrieved August 19, 2021. https://www.philstar.com/business/2001/09/18/134069/pse-reconstitutes-main-index ↩

  59. Peña, Zinnia B. Dela. "PSE reconstitutes indices". Philstar.com. Retrieved August 19, 2021. https://www.philstar.com/business/2009/04/17/457922/pse-reconstitutes-indices ↩

  60. Mendez, Christina; Diaz, Conrado Jr. "PSE reconstitutes main index". Philstar.com. Retrieved August 19, 2021. https://www.philstar.com/business/2001/09/18/134069/pse-reconstitutes-main-index ↩

  61. "PSE to change composition of indices on May 26". ABS-CBN News. April 28, 2008. Retrieved August 19, 2021. https://news.abs-cbn.com/business/04/28/08/pse-change-composition-indices-may-26 ↩