One Speech, One 20% Crash: Meralco's Brutal Week | Philippine Market Wrap Jul 27-31, 2026

A Philippines addict slowly building a PSE portfolio on the long road to an SIRV (Special Investor's Resident Visa) and a move to Manila. This is the weekly record. This week (Jul 27-31): • President Marcos' SONA called for scrapping the "system loss charge" — and Meralco collapsed 20% (P600 → P480) • The PSEi fell 0.71% to 6,236.44, a second straight weekly decline; the peso bounced off its record low of 61.847 • BDO posted a record P40.7B first-half net income • BSP sees July inflation at 5.6-6.6%, easing from June's 6.9% • The portfolio improved from -13.2% to -12.85%, beating the index for a second straight week • Trades: 10 more Jollibee shares (dividend reinvestment) and 200 shares of DMC • Deep dive: what a 20% utility crash teaches about policy risk I'm traveling without my mic this week, so an AI voice (ElevenLabs) is filling in. The words are all mine. Disclaimer: This podcast documents a personal investment journey and is not investment advice. Investing in Philippine stocks involves currency and country risks. Invest at your own risk. #PhilippineStocks #PSEi #EmergingMarkets #ASEAN #Jollibee #Meralco