SGX My Gateway November Highlights

(Repost - My Gateway Updates)

Today marks the first session of December which is scheduled to see a total of 18 full sessions and two half sessions, with stock market closures on 25 December in addition to the afternoons of 24 December and 31 December. Securities trading on Christmas Eve and New Year’s Eve will be from 9.00 am to 12.30 pm with the Closing Routine from 12.30 pm to 12.36 pm.




Looking at the month of November, the STI appreciated +1.04% in price, with some dividend distributions boosting the total return of the STI to +1.13% over the month. The key highlights of the Singapore Stock Market in November were as follows:

1. On Friday, the last session of November, SIIC Environment Holdings Ltd (5GB), formerly Asia Water Technology Ltd and listed on SGX Catalist Board, transferred to the Mainboard of SGX. SIIC Environment Holdings provides integrated engineering solutions for water purification, water supply and waste water treatment systems and facilities in China. Following the announcement Wednesday, the share price gained 15.00% on Thursday, then another +11.59% on Friday, the day of the transfer.



2. The two strongest STI stocks in November were Global Logistic Properties (MC0) and Capitaland (C31) which gained +9.34% and +7.95% respectively. Likewise, the strongest of the FTSE ST Sector Indices was Real Estate Holding & Development gaining +5.08% over the month which contributed to the +3.13% gain of the Financials Index. Approximately 43% of the net market capitalisation of the FTSE ST Financials Index is made up of the three banks (DBS, OCBC & UOB), 30% from Real Estate Holding & Development, 22% from REITs AND 5% from Financial Services. The broader FTSE ST Financial Index has gained +31.56% in the year-to-date while the Real Estate Holding & Development Index has gained 47.53%.



3. The next best performing FTSE ST Sector Indices for November were Health Care and Telecommunications which posted similar monthly gains of +2.75% and +2.72%. STI components, IHH Healthcare (Q0F) and Singtel (Z74) are biggest stocks of the Health Care and Telecommunications Sector. These two stocks respectively gained +2.80% and +1.56% over the month. The underperforming STI stock in November was Olam (O32), which declined -20.05%, while the underperforming FTSE ST Sector Index was Utilities with a -3.60% decline.



4. Demand continued to grow for the SPDR Gold Shares ETF (O87) listed and traded on SGX. Over the month of November, turnover of SPDR Gold Shares was up +20.80% from the previous month of September, while the price of Gold Shares firmed +0.66% over the month. The SPDR Gold Trust is the world’s biggest ETF (Exchange Traded Fund) backed by bullion, with the five listings of the ETF currently representing 1,348.83 metric tons of Gold Bullion.



5. While the Singapore Dollar has appreciated 5.89% to the US Dollar in the year-to-date, its depreciation to the US Dollar in November was a marginal -0.01%. The relative performance of the Straits Times Index (STI) in 2012 has clearly been underpinned by the strength of the Singapore Dollar. As of Saturday morning, the Dow Jones Industrial Average year-to-date appreciation of +6.61% is pared to a marginal +0.45% in Singapore Dollar terms. Over the same period, the STI gained +16.01%. Reinvested dividends boost the total return of the STI to +19.36% over the first 11 months of 2012.

30 November 2012

The month November started with stock prices plunging after the US presidential election. The fear of fiscal cliff send the global stock prices south. Market somehow stablizes toward the end of the month with the hope of politicians finding a compromise for it. The "Olam - Muddy water" did not have big effect on other counters. At the end of the month, STI recovered the lost ground and ended 1.04% higher than last month. My portfolio did not do as well, rose just 0.67% in the month.

I bought some Sembmarine shares this month when its price dropped. I subscribed to Sing Inv's rights issue.
Going forward I will still hold on to the same strategy and continue to seek investment opportunities. I received a total of S$6,600 in dividend.

Below are the top 30 holdings as at 30 November. NOt much changes happened. SingInv and Sembmarine moved up due to buy-in. Transpac dropped off the list due to Ex D, and Ex Entitlement.

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

31 October 20

At the beginning of October, someone speculated if there would bea big plunge of share prices in this month, as there had been similar incidents in October in the history. Fortunately, nothing serious happened. This October was a quite month for equity market. Investors may be waiting for the result of US presidential election. Daily price movement of stock prices has been slow. At the end of the month, STI dropped 22 points (0.72) to end at 3038.37.

My portfolio did slightly better. Its value rose 0.25% in the month. I didn't buy any stock as I was busy with my work (perhaps also waiting at the sideline). I subscribed to the right issues of Raffles Education and Sing Investment). I did not participate in the IPOs this month. I received a total of S$3,715 dividend income.

Going forward, I will continue to build up my cash portion and look for good investment opportunities. Waiting may be the game plan at this moment.

Below are the top 30 holding as at 31 October 2012. Not much movement in there, except at thebottom of the table. Yangzijiang dropped off due to price drop, Sing Inv price dropped after XR. This two were replaced by Transpac and Cambridge.

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