Wednesday, February 29, 2012

29 February 2012

Sign of US economy recovery, and reaching of solution to European Crisis help to lift market sentiment in the month of February. Though some analyst continued to warn that the European crisis was far from over. Other world issues like the Iranian stopping the oil export to some European countries were not severe enough to rock the market, at least for now.

Global stock market continue to trend upwards, with DJ closed above 13,000 for the first time since 2008 financial crisis. STI touched 3000 level in the middle of the month but failed to stay at it at month end. STI closed at 2994.06 today, up 3% from last month. My portfolio value increased by 4.63% in this month.

I bought Transpac shares this month, triggered by the annoucement from the company to issue 1 bonus share for every 3 shares held, and I don't want to hold odd lot. Anyway this counter has been generous in dividend payout and the shares in hand are almost FOC.

I received a total of S$4,734 in dividend this month. Below are the top 30 holdings as at today. Some changes due to price fluctuation. SingTel and KS Energy were replaced by Yangzijiang and AscottReit.

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

I don't quite understand the price movement of Yanzijiang and COSCO. There were many reports saying the shipping industry is not doing well and will face more challenge. NOL even reported RED in their numbers. HOwever these 2 counters have moved up recently. Strange....