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Maynilad set to replace Converge in PSEi from Aug. 3, 2026

AI Market Summary
The Philippine Stock Exchange will add Maynilad (MYNLD) to the PSEi and shift Converge (CNVRG) to the MidCap Index effective Aug. 3, alongside broader index rebalancing and methodology updates that will later emphasize liquidity metrics (MTAR, MADV). As a rules-based constituent change driven by historical trading data, the news mainly affects passive and benchmarked flows rather than fundamentals, with localized, short-term liquidity impacts around implementation.
Impact level
● Low
Affected assets
NCCOGOLD2USD/USDT-1.21%
AI Insight · NCCOGOLD2USD/USDTAI Insight
● Neutral
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⚠️ AI-generated insights are based on news content and are provided for informational purposes only. They do not constitute investment advice or represent the views of BingX. Investing involves risk. Please trade responsibly.
The Philippine Stock Exchange said Maynilad Water Services (MYNLD) will replace Converge (CNVRG) in the PSEi effective Aug. 3, 2026. Aboitiz Equity Ventures (AEV) will be added to the PSE Dividend Yield Index. Converge and Philex Mining (PX) will join the PSE MidCap Index. The reshuffle is based on trading activity from July 2025 to June 2026 and is part of a regular index rebalancing.
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