Ayala Land, Inc.

particularly when one company represents around a fifth of the equity portfolio.

Over the coming weeks, I'll be following Jollibee's earnings, BDO's lending and credit costs, Ayala Land's sales and financing, and Mint's financial results.

That's this week's global market wrap.

The market figures discussed are local currency price index changes and exclude dividends and currency movements.

That is a little better than the previous snapshot, but still uncomfortable.

This week's purchase was more Ayala land.

Let's start with Indonesia.

On 15 October, MSCI announced a consultation on a proposal to reclassify Indonesia from a merging market to stand-alone market status.

Pinch chose its shares during the week, changing the cost based.

The feels so excluded dividends and past realised gains or Roshis.

On the 13th of October, Pinchu bought more Ayala Land, the property company, rather than its parent, Ayala Corporation.

Ayala Land still shows an unrealised loss of 34.98%.

Jollibee represented about 21% of the equity portfolio, compared with about 2% for JG Summit.

The five largest holdings were Jollibee, BDO, Ayala Land, LTG and Double Dragon.

Together they accounted for about 57% of the Dispolade value, excluding founds and cash.

24 holdings therefor do not mean 24 equal exposures.

It accounts for about 21.5% of the stock portfolio, with an unrealised loss of 34.9% against cost.

BDO represents about 11.1% of the portfolio, and Ayala Land roughly 7.9%.

Together with Jollibee, they account for approximately 40.4%.

There are 24 stocks in the account, but the exposure is far from evenly spread.

Pinchu continues to invest in Philippine shares while working towards the Special Investors Resident Visa, or SIRV.

This week brought an addition to Universal Robina, alongside a wider unrealised loss across the portfolio.

Next week, the focus will be on whether the market's losing streak ends, further disclosures from Universal Robina, and developments at Jollibee, BDO and Ayala Land.

A recent purchase naturally attracts attention.