Category: Beginner | Posted on: October 07, 2011 by: pseacademy_administrator | Comments: 0 | Attachments: 0 |
The Philippine Stock Exchange Composite Index (PSEi), formerly called Phisix, is a fixed basket of thirty (30) common stocks of listed companies, carefully selected to represent the general movement of the stock market. In other words, it is the benchmark measuring the performance of the Philippine stock market.
The selection of these companies is based on a specific set of criteria. Under the revised policy on index management, companies should meet three (3) criteria to qualify under the PSEi:
1. The company’s free float level must be at least 12%.
2. The company must rank among the top 25% in terms of median daily value in nine out of the twelve-month period in review.
3. Ranking of TOP 30 qualified companies based on full market capitalization.
Click here to view the PSE Composite Index.
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