Friday, May 15, 2026
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RCR to join 30-company PSE index in place of Alliance Global Group

RL Commercial REIT Inc. (RCR) is set to join the benchmark Philippine Stock Exchange Index (PSEi) starting Feb. 2, in place of Alliance Global Group Inc. (AGI) following a regular index review.

The real estate investment trust arm of Robinsons Land Corp. qualified for the 30-member blue-chip index after meeting the local bourse’s requirements for liquidity, market capitalization and a free float level of at least 15 percent.

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The Philippine Stock Exchange (PSE) conducted the review based on trading data and financial criteria from July to December 2025.

While the services and holding firms sectors remained unchanged, the PSE announced several adjustments across other sector indices. It said that in the PSE Dividend Yield Index, OceanaGold Philippines Inc. and Universal Robina Corp. will be added, while The Keepers Holdings Inc. and Security Bank Corp. will be removed.

The PSE MidCap Index will see the inclusion of AGI and Apex Mining Co. Inc., while DoubleDragon Corp. and RCR will be deleted. Within the financial sector, National Reinsurance Corp. of the Philippines will be removed.

The services index is set to remove AgriNurture Inc., ATN Holdings Inc. and Shakey’s Pizza Asia Ventures Inc. from its list of constituents. Meanwhile, the property sector will add Premiere Island Power REIT Corp. and Benguet Corp. will join the mining and oil index.

The PSEi serves as the main barometer for the local equity market, tracking the performance of the largest and most liquid companies in the country.

To maintain inclusion, firms should consistently meet high turnover and valuation thresholds to ensure the index accurately reflects the health of the Philippine economy.

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