PSEi reshuffle: Bloomberry in, Petron out

07:56 Feb 08, 2019

"..The industrials index will also see changes. Alliance Select Foods will be added to the list, while Phoenix Petroleum, PetroEnergy, and SFA Semicon Philippines will be booted out. Dennis Uy's Chelsea Logistics and Transpacific Broadband Group International ..."
"..Dennis Uy's Chelsea Logistics and Transpacific Broadband Group International will be added to the services index, while Melco Resorts will be removed. The services index now has 23 companies from 22. Joining the properties index is Philippine Infradev ..."
"..Asia United Bank was taken off the financials index, leaving the group with just 9 companies. Meanwhile, Solid Group will be taken out off holding firms index, leaving the group with 14 firms. - Rappler.com"
"..Abacus Securities earlier called for Bloomberry to replace Petron in the index ... Broadband Group International will be added to the services index, while Melco Resorts will be removed. The services index now has 23 companies from 22."
"..Meanwhile, April Lee Tan, head of COL Financial Research, said the reshuffle could push ... Dennis Uy's Chelsea Logistics and Transpacific Broadband Group International will be added to the services index, while Melco Resorts will be removed."
"..MANILA, Philippines- The Philippine Stock Exchange (PSE) booted out oil company Petron from the 30-member benchmark index and added casino developer Bloombery Resorts in the mix. In a memorandum issued on Friday, February 8, PSE president and chief ..."

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