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Tuesday, May 7, 2024

PSE starts sharing index info, data on Shenzhen bourse

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Philippine Stock Exchange has started to feature information and data on the three main indices of the Shenzhen Stock Exchange on its website. 

The index promotion initiative forms part of the index cooperation project being undertaken by PSE and SZSE.

The SZSE information available on the PSE website includes the description, methodology, fact sheet, constituent list, index products and chart of the Shenzhen Component Index, Shenzhen 100 Index and ChiNext Index.

SZSE, meanwhile, also displayed information on the PSE index, PSEi Total Return Index and All Shares Index on the website of the authorized index agent of SZSE—Shenzhen Securities Information Company Limited.

“We are pleased that our partnership with SZSE is starting to take shape. After this index promotion program, we will also come up with other index marketing arrangements and eventually develop a co-branded index,” said PSE president and chief executive officer Ramon Monzon.

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“Aside from index-related activities, the PSE and SZSE will also be exploring market surveillance and disclosure systems partnership opportunities,” Monzon added.

PSE and SZSE in 2009 signed a memorandum of understanding to undertake sharing of information on various market-related matters.

The information on SZSE indices is available on the Global Markets page of the PSE website.

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