*This article is for information-sharing purposes only. It is not a recommendation to buy or sell any security.*
I made no trades in my Philippine stock portfolio this week.
I did not buy anything. I did not sell anything. I checked the prices, thought about a few possibilities, and ultimately left the portfolio alone.
Calling this disciplined long-term investing would sound impressive. The less impressive explanation is that the account held only ₱119.37 in cash. Even if I had wanted to buy something, there was not much I could do.
As of 14 August 2026, the combined portfolio was worth ₱480,775.67. Its total cost was ₱545,598.91, leaving an unrealised loss of ₱64,823.24, or 11.88%.
In short, the portfolio is still firmly in the red.
The Philippine Stock Exchange Index, or PSEi, was almost equally uneventful. It moved from 6,290.35 at the end of the previous week to 6,297.30 on Friday, a weekly gain of just 0.11%. The official Friday close was also shown on [PSE EDGE](https://edge.pse.com.ph/).
The Philippine peso, however, weakened by roughly 1.2% against the US dollar based on the reference series used for this review. This is an important part of overseas investing: a local share price can remain flat while its value in dollars, yen or another home currency changes.
## Twenty-four Stocks, but Two Still Dominate the Result
The portfolio currently contains 24 listed shares. That sounds diversified, but the losses are far more concentrated than the number of holdings suggests.
Jollibee Foods Corporation, or JFC, is the largest position. Its market value was approximately ₱103,440, accounting for about 21.7% of the equity portfolio. Its unrealised loss was roughly ₱42,124.
Ayala Land, or ALI, had an unrealised loss of approximately ₱19,291.
Together, JFC and ALI accounted for about ₱61,415 of unrealised losses. That is nearly all of the portfolio’s overall paper loss. I may own 24 shares, but the painful part of the diversification is extremely easy to locate.
JFC finished the week at ₱155.00, compared with my average cost of approximately ₱217.26. ALI closed at ₱15.60, against an average cost of around ₱23.93.
Neither position is “almost back”. The mountain is still plainly visible.
## Friday Added an Estimated ₱2,663
Based on the number of shares held and each stock’s Friday price movement, the day’s market moves added an estimated ₱2,663 to the portfolio.
ALI, JFC, Ayala Corporation and Alliance Global Group made some of the largest positive contributions. SM Investments, San Miguel Corporation and Bank of the Philippine Islands moved in the opposite direction.
ALI rose strongly on Friday, but the position was still down 35.06% from its average cost. One good session does not erase a long decline.
Still, it is pleasant to see the portfolio gain value without placing a trade. There is nothing automatically virtuous about doing nothing, but investors do not need to press a button every day.
## REITs Remain a Small First Step
The portfolio includes two Philippine real estate investment trusts: AREIT and RCR.
A REIT owns income-producing property and distributes much of the resulting income to investors. In principle, REITs can add a more income-focused element to a share portfolio.
My two REIT holdings were worth approximately ₱8,805 combined, or only about 1.8% of the equity portfolio. I may gradually increase this allocation, but it is currently too small to change the portfolio’s overall behaviour.
There is also the practical matter of having ₱119.37 in cash. Before planning another purchase, I first need money available to invest.
## What I Am Watching Next
The PSEi ended the week close to 6,300, while the peso weakened. Next week, I will be watching whether the index can remain around this level and whether the peso stabilises in the low-₱61 range against the dollar.
At the portfolio level, JFC and ALI remain the two positions that matter most to the overall result. I will also continue watching the REITs, but I do not feel any urgency to trade simply because another week has begun.
## Final Thought
No trades, a nearly flat PSEi and a small Friday recovery: this was not an exciting week.
That is probably normal. Investing tends to contain far more ordinary days than dramatic ones. The portfolio is still down 11.88%, and the distance back to my average costs in JFC and ALI remains substantial.
I may spend another week mostly watching rather than acting. For now, that is enough.
## Disclaimer
This article records one individual investor’s portfolio and observations based on publicly available information. It does not recommend any security or investment action. Portfolio values shown by a brokerage platform are indicative; official confirmation statements and transaction records take precedence. All investment decisions remain the reader’s responsibility.
## Data Notes
– Portfolio figures are based on the brokerage account display dated 14 August 2026.
– There were no trades during the reporting week of 10–14 August. The most recent purchases were made on 6 and 7 August, during the previous week.
– The estimated ₱2,663 Friday contribution was calculated by multiplying each holding’s share count by its daily price change. It may differ from the brokerage account’s official valuation because of fees, taxes and calculation methods.
– The PSEi’s Friday close was checked against [PSE EDGE](https://edge.pse.com.ph/) and [Trading Economics](https://tradingeconomics.com/philippines/stock-market). The foreign-exchange reference value may vary according to the provider and collection time.