RRHI unseats EDC from PSE Index | SunStar

RRHI unseats EDC from PSE Index

Time to read
less than
1 minute
Read so far

RRHI unseats EDC from PSE Index

Tuesday, September 26, 2017

THE Philippine Stock Exchange, Inc. (PSE) announced that the Energy Development Corp. (EDC) will be removed from the PSEi as its free float level dropped below the 12 percent minimum requirement to qualify as a main index constituent.

EDC will be replaced by Robinsons Retail Holdings, Inc. (RRHI).

RRHI, which was listed in November 2013, is the fifth stock from the Services sector that is part of the PSEi.

RRHI will be included in the PSEi effective Sept. 28. (PR)

Published in the SunStar Cebu newspaper on September 27, 2017.

Latest issues of SunStar Cebu also available on your mobile phones, laptops, and tablets. Subscribe to our digital editions at epaper.sunstar.com.ph and get a free seven-day trial.

View Comments