FTSE adds five Philippine stocks to global equity index series
FTSE Group (FTSE) is a world leader in the provision of global index and analytical solutions. FTSE calculates indices across a wide range of asset classes, on both a standard and custom basis. FTSE indices are used extensively by investors worldwide for investment analysis, performance measurement, asset allocation, portfolio hedging and the creation of a wide range of index derivatives, funds, Exchange Traded Funds (ETFs), and other structured products. FTSE is an independent company owned by the London Stock Exchange Group. (PRNewsFoto/FTSE Group)
Five Philippine Stock Exchange-listed stocks will be added to the UK’s Financial Times Stock Exchange (FTSE) Global Equity Index Series in the latest rebalancing that will take effect on Sept. 22, 2025.
Based on the results of FTSE’s September 2025 semi-annual index review, Aboitiz Power Corp. will be added to the mid-cap indices, Manila Water Co. and Security Bank Corp. will be added to the small-cap indices, while Century Properties Group Inc. and COSCO Capital will be added to the micro-cap indices.
Meanwhile, First Gen Corp. will be deleted from the small-cap indices after failing liquidity requirements, while Megawide Corp. and Roxas & Co. Inc. will be removed from the micro-cap indices.
“The last day to trade on these changes is still some three weeks out, on September 19, with the changes being effective on Sept. 22,” said Abacus Securities Corp..
It noted that, “this may support the share prices of AP, MWC, and SECB over the near-term,” but “changes to the micro cap indices probably won't have much of an effect on share price as these are even less followed than the small-cap indices.”