Saturday, November 2, 2013

31 October 2013

The US politicians did not find a solution to raise the government debt ceiling on time and part of the US government was shut down for 2 weeks. The equity market reacted negatively to this. However when the politicians agreed on a temperary solution and the shutdown Wayang ended, market recovered immediately. The positive earning results of US corporation (and some SG companies) supported the market as well. As a whole STI ended in positive territory in October.

STI closed at 3210.67 on 31 Oct, or 1.35% higher than last month. My portfolio did slightly better, its value rose 1.78% for the month. In this month, I only did one buy transaction. I bought some K-Reit shares. As the index rose pass 3,200 level, I thought I should slow down in buying and build up my cash .

I received a total of S$6,700 in dividend from shares and UT (incl. capital return from MIIF). With the SG companies annoucing their results and dividend payout in next two months, I am already certain that I will exceed my dividend target for this year.

Below are the top 30 holding as at 31 October. There is no change in the list participants, except some swopping of positions.

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