We are cutting JD.com (JD US). This is our least preferred holding in the portfolio and we want to increase cash to improve portfolio flexibility.
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Buy Hold Sell: The best and worst performers of FY25
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Friday 8th August – Dow off -224pts, SPI down -25pts
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Thursday 7th August – Dow up +81pts, SPI down -27pts
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MM are selling JD US in the International Equities Portfolio, taking a loss around $57
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