31 August 2010

Despite the good results reported by most of the listed companies, stock market did not perform well in August. This was largely due to the uncertainty in US, caused by bad numbers in housing market and unemployment rate. In fact the good corporate performance locally helped to keep the drop in check.

My portfolio under perform the STI in August. While STI dropped 1.25% to 2,950.33 point, my portfolio, net of fresh fund injected, dropped 2.33%. I bought into CWT, Stamford Land and K-Green this month.

On the dividend side, I received S$4,658 in cash and 780 in CPF-OA. Below are the top 30 holdings as at 31 August.

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

There was not much change in the top holdings. UE was replaced by SuntecReit. UE now stood at 31st position.
 
Going forwards, if the market continues to move side way, I will try to build up my cash position and wait for good opportunities to further expand my portfolio. One opportunity is the rights issue from AIMSAMPIREIT. I plan to participate and apply for excess rights to build up this counter.