RCR in, AGI out of PSEi

MANILA, Philippines — RL Commercial REIT Inc. (RCR), the real estate investment trust unit of the Gokongwei family’s Robinsons Land Corp., is entering the 30-member Philippine Stock Exchange index (PSEi) starting next month, while conglomerate Alliance Global Group Inc. (AGI) will exit.

The Philippine Stock Exchange Inc. (PSE) yesterday announced the results of the regular review of the PSEi, PSE Dividend Yield (PSE DivY), PSE MidCap and sector indexes, covering trading activity for the period January to December 2025.

Only the addition of RCR and removal of AGI are the changes in the PSEi.

Meanwhile, OceanaGold (Philippines) Inc. and another Gokongwei-led company, Universal Robina Corp., will be included in the PSE DivY, which will be composed of 20 companies, while The Keepers Holdings Inc. of retail tycoon Lucio Co and Security Bank Corp. will be removed.

AGI will be added to the 20-member PSE MidCap together with Apex Mining Co. Inc. of tycoon Enrique Razon Jr., while DoubleDragon Corp. and RCR will be taken out.

In terms of sectors, National Reinsurance Corp. of the Philippines will bid farewell to the financials index, while Agrinurture Inc., ATN Holdings Inc. and Shakey’s Pizza Asia Ventures Inc. will be kicked out of the industrial index.

Premiere Island Power REIT Corp. off the Villar Group will join the property index, while Benguet Corp. will enter the mining and oil index.

The compositions of the holding firms and services indexes will stay the same, with no additions or removals.

The PSE said the review was based on the policy on index management, with all changes taking effect on Feb. 2.