PSE Mining and Oil Index
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The PSE Mining and Oil Index is the main stock market index of the Philippine Stock Exchange for mining and oil companies.
The index is probably one of the few indices of the PSE that do not have companies listed on the PSE Composite Index, with the exceptions of the Lepanto Consolidated Mining Company and Philex Mining Corporation, which are listed on the PHISIX. However, this index is known to be one of the best performing indices on the PSE in recent years with the recent revival of the Philippine mining industry.
The index is composed of the former PSE Mining Index and the PSE Oil Index. Both indices were merged in a reclassification of the PSE's indices on January 1, 2006.
[edit] Companies
The following are the companies listed on the PSE Mining and Oil Index:
- Abra Mining and Industrial Corporation (ticker symbol: AR)
- Atlas Consolidated Mining and Development Corporation (ticker symbol: AT)
- Lepanto Consolidated Mining Company (ticker symbols: LC and LCB)
- Manila Mining Corporation (ticker symbols: MA and MAB)
- Philex Mining Corporation (ticker symbols: PX and PXB)
- United Paragon Mining Corporation (ticker symbol: UPM)