Which index is commonly used as a benchmark for stocks in the Philippine stock exchange?

The Philippine Stock Exchange Index (PSEi) is the primary benchmark for stocks listed on the Philippine Stock Exchange. It represents a basket of the top 30 companies in the Philippines based on market capitalization and liquidity, providing a barometer for the performance of the Philippine equity market. By using the PSEi as a benchmark, investors and analysts can assess how the stock market is performing overall, as well as compare individual stock performance against the index.

In contrast, the other indexes mentioned, such as the Dow Jones Industrial Average, NASDAQ Composite Index, and FTSE 100 Index, represent markets in the United States and the United Kingdom, respectively. Therefore, they are not applicable for measuring performance specifically within the Philippine context. The focus on the PSEi makes it the most relevant and widely recognized gauge for assessing stock market performance in the Philippines.