3 days ago
PSE shakes up bellwether: DigiPlus in, Bloomberry out
For the bellwether PSEi, the major change was the inclusion of online betting giant DigiPlus Interactive Corp., replacing casino-resort Solaire's operator Bloomberry Resorts Corp.
Local bourse operator Philippine Stock Exchange Inc. on Friday announced changes in the composition of the stock market's indices, including the PSE index (PSEi) —the local stock barometer.
In a memorandum dated August 8, 2025, the PSE revealed the results of its regular review of the PSEi, sectoral, PSE Dividend Yield, and PSE MidCap indices covering the trading activity period from July 2024 to June 2025.
For the bellwether PSEi, the major change was the inclusion of online betting giant DigiPlus Interactive Corp., replacing casino-resort Solaire's operator Bloomberry Resorts Corp.
'Joining the PSE Index is more than a corporate milestone for us at DigiPlus. It's a powerful statement that homegrown Filipino companies can lead in the digital age," DigiPlus chairman Eusebio Tanco said in a statement.
"We've created a new kind of digital entertainment company, one that doesn't just catch up on trends, but pioneers platforms that resonate with real people,' he added.
The changes in the composition of the PSEi will take effect on August 18, 2025.
To qualify for inclusion in the PSEi, a listed firm should be among the top companies in terms of liquidity and market capitalization.
The PSEi is the main index of the PSE, composed of 30 companies, which provides an overview of the stock market's overall health by gauging changes in the share prices of the select listed firms.
The local stock market review also resulted in changes in other indices, such as the PSE Dividend Yield and PSE MidCap indices.
Now included in the PSE Dividend Yield index were liquor distributor The Keepers Holdings Inc. and Puregold Price Club Inc., replacing restaurant chain Figaro Culinary Group and Gokongwei-led snacks and beverages maker Universal Robina Corp.
Added to the PSE MidCap index were Asia United Bank, Bloomberry, OceanaGold (Philippines) Inc., replacing GMA Network Inc., Petron Corp., and DigiPlus.
The PSE Dividend Yield index, composed of 20 listed firms, focuses on companies that consistently give high-yielding dividends. Companies in this index are selected based on liquidity and three-year average dividend yield performance.
The PSE MidCap index, also composed of 20 companies, is designed to provide a snapshot of the performance of mid-sized companies in the Philippine market.
For the sectoral indices —namely Financials, Industrial, Holding Firms, Property, Services, and Mining and Oil— the PSE also announced composition changes.
For the Financials index, the local bourse operator said it added National Reinsurance Corp.
For the Industrial index, the PSE added Concepcion Industrial Corp., Citicore Renewable Energy Corp., and Vitarich Corp., while removing Basic Energy Corp., EEI Corp., and Max's Group Inc.
Added to the Holding Firms index was ATN Holding Inc.
No change was effected on the Property index, while the Services index saw the removal of Pacific Online Systems Corp.
For the Mining and Oil index, the PSE included Lepanto Consolidated Mining Company and OceanaGold (Philippines). –NB, GMA Integrated News
