Newly-listed Monde Nissin Corporation (MONDE) and liquor maker Emperador, Inc. will be joining the prestigious Philippine Stock Exchange index (PSEi) starting Feb. 14, 2022.

The PSE announced that its January to December 2021 stock performance review showed that the two firms will be among the 30 companies comprising the PSEi, replacing Bloomberry Resorts Corporation and Robinsons Retail Holdings, Inc.

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A listed company should be among the top companies in terms of liquidity and market capitalization to qualify for inclusion in the PSEi.

It should also have a free float level of at least 15 percent of its outstanding shares. Relevant financial criteria as well as eligibility for early inclusion are also considered by the PSE in the index review.

PSE President & CEO Ramon S. Monzon

“The index review allows us to maintain a roster of companies that best represents the entire market,” said PSE President and CEO Ramon S. Monzon.

He added that, “The last two reviews saw the entry of newly listed companies in the PSEi as large issuances readily meet our criteria and are deemed qualified for inclusion by other index providers.” Except for the Financials index, all other sector indices will have changes in their composition.

EEI Corporation and MONDE will be added while Alsons Consolidated Resources, Inc. and SFA Semicon Philippines Corporation will be removed from the Industrial index.

Three sectors will see the removal of constituents: the A and B shares of ATN Holdings, Inc. for the Holdings index, the A and B shares of Metro Alliance Holdings & Equities Corporation for the Services index, and Oriental Peninsula Resources Group, Inc. for the Mining and Oil Index.

AREIT, Inc., Philippine Estates Corporation, and Primex Corporation will become part of the Property index while A Brown Company, Inc. will cease to be a constituent of the said index.

#Monde Nissins Corporation

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