MANILA, Philippines—Bloomberry Resorts Corp., the first gaming firm to open at the country's future gaming hub Pagcor City, is set to join the 30-company local equities barometer Philippine Stock Exchange index effective March 11. Bloomberry, which is led by tycoon Enrique Razon Jr., will replace the SM group's residential development arm SM Development Corp. on the PSEi, the PSE announced on Thursday. The PSEi is the roster of the country's most liquid, largest-in-market-capitalization stocks and most closely watched stocks. The recomposition of the PSEi was as a result of a review conducted from January to December last year, the local bourse sa...
Keep on reading: Bloomberry joins PSEi; SMDC out
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