Investment Ideas: July 29, 2025 

Here is our report for today, July 29, 2025, with some insights into various investment opportunities.

Here are some key highlights:

• Bond Market Overview: Dollar-denominated bonds exhibit yields ranging from 4.295% to 4.840%, with maturities from November 2025 to May 2030. Peso-denominated bonds present higher yields, from 5.380% to 6.445%, with maturities spanning August 2025 to January 2039.
• Stock Recommendations: We have an OVERWEIGHT recommendation on a Philippine pure-play grocery retailer, which benefits from a secure market position, strong fundamentals, and operational momentum. Conversely, we have a NEUTRAL stance on a leisure company, despite its recent launch of an online gaming platform, due to ongoing uncertainties regarding regulatory finalization. Furthermore, a telecommuni