Robinsons Retail now part of PSE's 30 company index
Robinsons Retail Holdings, Inc. marks its inclusion in the 30 listed companies in the Philippine Stock Exchange index (PSEi), effective on September 28, 2017. RRHI was listed in November 2013 with the largest IPO to date and is the fifth company from the services sector to be included in the PSEi.
With a market cap of around P132bn, RRHI sustains strong growth across the majority of its retail formats and has one of the most diversified brand portfolios in the country.
The index represents the PSE’s top 30 listed companies, being the most traded, most liquid and wellcapitalized in the Philippines.
RRHI replaced geothermal firm Energy Development Corp (EDC) as its free float level had dropped below the 12 percent minimum requirement to qualify as a main index constituent.