Image via WikipediaMANILA, Philippines -- Geothermal power producer PNOC Energy Development Corp. and property developers Robinsons Land Corp. and Filinvest Land Inc. will become constituents of the 30-company composite index of the Philippine Stock Exchange by November 16, the bourse said Wednesday.Manila Mining Corp. and Security Bank will be excluded from the main index following the PSE's regular review of the market indices, it said in a notice to brokers.
The key index has 29 constituents at present, after Banco de Oro Universal Bank merged with Equitable PCI Bank, another index constituent, early this year.
Enrico dela Cruz
October 17, 2007
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