PSE Composite Index
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.
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. 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 its reliability as an indicator of the state of the broader Philippine economy has been questioned.
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.