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DMCI, UnionBank to make PSEi return

DMCI Holdings Inc. and Union Bank of the Philippines will rejoin the Philippine Stock Exchange index (PSEi) next month following completion of a regular review of the main and sectoral indices, the bourse announced on Friday.

DMCI and UnionBank, which will replace Megaworld Corp. and Robinsons Land Corp. (RLC), were last part of the benchmark PSEi a-year-and-a-half and 14 years ago, respectively. The move will take effect on February 6.