Tuesday, July 31, 2012

31 July 2012

While the global equity market continued to be volatile due to Eurozone debt problem, Singapore market performed well this month. On some days STI even bugged the regional trend, went up went other regional burses dropped. Some analyts suggested that investment funds seek Singapore as save haven due the the volatility in European and US market. As at today, STI stood at 3036.40, up 5.5% compared to last month.

My portfolio value increased by slightly smaller percentage. It rose only 5% against last month (not that I am not happy with it). I think that was because a few counters went XD before the end of the month. I made one of the rare sell trade this month by selling away the 1 lot GLP bought at IPO, when the price went up to $2.27. I participated in the AscendasHT IPO and got the shares, but it didn't do so well when trading began. Well I shall be keeping the shares for dividend.

Talking about dividend, this month has been a dry month: I only received $1,138, and mainly from fixed income funds.

There is no drastic change in the list of top 30 holdings. Most of the counters do well in the month, while some do better than the others, so they swopped positions. F&N overtook DBS when its price surged due to the takeover bids. At the bottom SP Ship was squeezed out by CWT.

Here is the list:

1.   SPH
2.   OCBC Bk
3.   Semb Corp
4.   ComfortDelGro
5.   F & N
6.   DBS
7.   SP AusNet
8.   ST Engineering
9.   Starhub
10. SGX
11. MetroHldg
12. FraserComm
13. CitySpring
14. Nikko AM STI ETF 100
15. Kep Corp
16. SembMar
17. CapitaComm
18. Ascendasreit
19. SIA
20. MapletreeLog
21. SATS
22. CapitaLand
23. FrasersCT
24. MacqIntInfra
26. Sabana Reit
27. Yangzijiang
28. AscottReit
29. SingTel
30. CWT