Indices and Components
The PSE has eight constituent indices:
- PSE All Shares Index (ALL)
- PSE Composite bhbyhbIndex (PSEi)
- PSE Financials Index (FIN)
- PSE Holding Firms Index (HDG)
- PSE Industrial Index (IND)
- PSE Mining and Oil Index (M-O)
- PSE Property Index (PRO)
- PSE Services Index (SVC)
The PSEi is the main index of the PSE, while the All Shares Index is the broader index of the exchange. The remaining six indices are sector indices based on a company's main source of revenue. Although listed in an index, companies are listed on the PSE under the First Board, Second Board or the Small and Medium Enterprises Board based on market capitalization.
As of May 22, 2012, the Philippine Stock Exchange has 344 listed companies with a total market capitalization of US$229 billion. There are also 134 trading participants registered at the PSE.
Read more about this topic: Philippine Stock Exchange
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“Hence, a generative grammar must be a system of rules that can iterate to generate an indefinitely large number of structures. This system of rules can be analyzed into the three major components of a generative grammar: the syntactic, phonological, and semantic components.”
—Noam Chomsky (b. 1928)