PSE Composite Index
Most important index of top companies on the Philippine Stock Exchange / From Wikipedia, the free encyclopedia
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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.[1] This is in contrast to the PSE All Shares Index which is an index of all stocks traded on the PSE.
Operator | Philippine Stock Exchange |
---|---|
Exchanges | Philippine Stock Exchange |
Trading symbol | PSEi |
Constituents | 30 |
Type | Large cap |
Related indices | PSE All Shares Index |
Reuters | PSI |
Bloomberg | PCOMP:IND |
The highest closing value was 9,041.20 on Friday, January 26, 2018.[citation needed] The highest intraday value was 9,078.37 on Monday, January 29, 2018.[citation needed]
It is the PSE's only broad-base index and is 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 questioned.[by whom?][3]
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.[4]