Stocks open week lower on profit-taking malaya.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from malaya.com.ph Daily Mail and Mail on Sunday newspapers.
Trading mixed on PSEi rebalancing, peso up at 56 785:$1 malaya.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from malaya.com.ph Daily Mail and Mail on Sunday newspapers.
The Philippine Stock Exchange Inc. (PSE) will remove conglomerate Metro Pacific Investments Corp. (MPIC) and Aboitiz Power Corp. from the benchmark index the PSEi as both firms fell below the minimum public float requirement of 20 percent. The two firms will be replaced by Enrique Razon Jr.’s Bloombery Resorts Corp. and tuna canner Century Pacific Food Inc.