My new office has very strict IT security policy, so I could not visit this blog during office hours. This is another reason for the delay.
Okay back to the update. Global equity market continue to move upwards despite President Trump having so many problems with his team and fellow US politicians. I heard one analyst said that he could not find anything that would indicate a market downturn, and that is scary in my opinion.
For the month of July (by the way, I closed July account on 28), STI moved up 104.27 points, or 3.23%. My portfolio performed poorly compared to the index due to poor performance of Ausnet, SATS, SIA Engineering, UE and SPH. As at 28 July, it value moved up only 0.75%.
I received bonus shares from KSH this month (okay I sold some of the shares when the value shot up more than 100% previously, now on hindsight could be a mistake).
Due to my busy schedule in July I missed the deadline to convert my PanU rights to shares and loss some money... (bad luck!) There were no other trade done.
Total dividend received in July amounts to S$5,785.00. Most of the dividend this month comes from UT. This is no surprise and I am looking forwards to August dividend.
Below are my top 30 holdings as at 28 July 2017. With the continuous poor performance in there prices, SPH and Comfortdelgro are overtaken by the two banks.