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Know more about the PSE's new indices.
March 28, 2022--The Philippine Stock Exchange (PSE) successfully launched two new indices: the PSE MidCap Index and PSE Dividend Yield Index.
So, what's new with these two new indices? Here are the details from the released memorandum of the Philippine Stock Exchange (PSE).
PSE Dividend Yield Index
The PSE Dividend Yield (“PSE DivY”) Index focuses on companies that consistently give high-yielding dividends. The 20 companies in this index are selected based on liquidity, free float, financials, and three-year average dividend yield performance. The current list of constituents of the PSE DivY Index is as follows:
PSE MidCap Index
The PSE MidCap Index is designed to capture the performance of mid-sized companies in the Philippine market. The constituents are selected based on market capitalization, liquidity, financials, and free float. The current list of constituents of the PSE MidCap Index is as follows:
These new additions to the PSE index series will hopefully drive more liquidity to the market and enable the creation of new fund products that will provide broader investment options for the investing public.
For more information, visit the PSE's website: https://www.pse.com.ph/
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ABOUT THE BLOGGER
Hi, I'm Ralph Gregore Masalihit!
An RFP Graduate (Registered Financial Planner Institute - Philippines).
A Personal Finance Advocate. An I.T. by Profession. An Investor. Business Minded. An Introvert. A Photography Enthusiast. A Travel and Personal Finance Blogger (Lakbay Diwa and Kuripot Pinoy).
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