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Philippine Stock Exchange

Philippine Stock Exchange
NamePhilippine Stock Exchange
TypeStock exchange
CityPasig City
FoundedDecember 23, 1992
OwnerThe Philippine Stock Exchange, Inc.
Key PeopleJose T. Pardo, Chairman
CurrencyPhilippine Peso (₱)
Listings253 (2010)
Mcap₱8.9 trilion (2010)

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The Philippine Stock Exchange (Filipino: Pamilihang Sapi ng Pilipinas) (Pse - PSE) is the national stock exchange of the Philippines. It is one of the oldest stock exchanges in Southeast Asia, having been in continuous operation since its inception in 1927. It currently maintains two trading floors, one at the Ayala Tower One in Makati City's Central Business District, and one at its headquarters in Pasig City. The PSE is composed of a 15-man Board of Directors, chaired by Jose T. Pardo.

The main index for PSE is the PSE Composite Index or PSEi, which is composed of thirty (30) listed companies. The selection of companies in the PSEi is based on a specific set of criteria. There are also six additional sector-based indices.

Trading in the PSE is a continuous session from 9:30 am to 12:10 pm daily, one of the shortest among Asian stock exchanges. And a trading extension which shall be implemented on October of this year extends the trading hours by 50 minutes so the new trading hours are from 9:30 am to 1:00 pm and the final adjustment which will be implemented on January 2012 the trading will start at 9:30 am till 12:00 pm and a break of an hour and 30 minutes and trading shall resume at 1:30 pm till 3:30 pm.

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