PSEi composition changes

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Was browsing the Philippine Stock Exchange website when I spotted this  memo.

A new 30 company composition will be effective come September 10, 2012. Memo number CN – No. 2012-0045 (click here to read full detail) listed the follwing 30 stocks to make up the PSEi. 
The new list of PSEi stocks come September

Base on the above memo such new list is based on the following criteria:

  1. Free float level of at least 12%
  2. Trading liquidity must be among the top 25% by median daily value per month for at least 9 out of 12 moths
  3. Top 30 based on full market capitalization 

Of the current list Cebu Pacific(CEB) will be taken out and Petron Corporation(PCOR) will make its entry.

Financial Freedom Advocate About the blogger

Louis Delos Angeles is a Certified Public Accountant, blogger behind Investing in Philippines, and author of Investing in Stocks: Preparing for the future small amount at a time. Check him out in Google+ Learn more about Louis and his financial freedom advocacy here.

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