The Philippine Stock Exchange (PSE) is the only stock exchange in the Philippines. Among the pioneer exchanges in Asia, it traces its roots back to the country's two former stock exchanges, the Manila Stock Exchange (established in 1927) and the Makati Stock Exchange (established in 1963). In 1992, the two bourses were unified to form the present-day Philippine Stock Exchange. The PSE is headquartered in Bonifacio Global City, one of the country's significant business districts. The PSE is regulated by the Philippine Securities and Exchange Commission and has over 270 listed companies.
The Exchange's benchmark index is the PSEi which is a free-float adjusted market capitalization-weighted index that tracks the performance of the 30 largest and most active common stocks. The PSE also has an All Shares Index which is a broader index that includes all common stocks listed on the Main Board. The PSE indices are reviewed bi-annually.