Maynilad Water Services Inc. to Join PSEi, Replacing Converge ICT Solutions Inc.
The Philippine Stock Exchange Index (PSEi) will see Maynilad Water Services Inc. replace Converge ICT Solutions Inc. following the benchmark index's regular review. The changes are set to take effect on August 3.
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- Maynilad Water Replaces Converge in PSEi Benchmark
The Philippine Stock Exchange (PSE) has removed telecommunications giant Converge ICT Solutions Inc. from its benchmark PSE Index (PSEi), replacing it with newly listed Maynilad Water Services Inc. following its latest review of the bourse's indices. The changes will take effect on August 3, 2026.
- Maynilad to enter PSEi, Converge out
Maynilad Water Services Inc., a concessionaire for the west zone, will join the 30-company Philippine Stock Exchange index (PSEi) starting August 3, replacing Converge Information and Communications Technology Solutions Inc. Maynilad qualified for early inclusion due to its strong post-IPO share price performance and market demand.