Yesterday, STI closed at 2868.69, up 27.76 points, or 0.98% from last month. My portfolio performed slightly better than the index. Its value was up 1.20% for the month.
This month, I sold my HTL shares when the price hit 92 cents. I sold also all my HG Metal shares at a loss, getting rid of this non-performing stock in my portfolio. I also accepted the de-listing offer from Pacific Health Care. I also subscribed to Noble's right issues.There were no other buy trade this month, so there was a negative cash injection of S$37,430 to the portfolio.
I made a major switching in my UT investment. I switched from the funds that investing in Global, European equities to bond funds. This may affect my dividends from the UT investment as the yields of bond funds are lower. However, in this time of volatility, I try to play it safe.
On the dividend side, I received S$9,744 of dividend this month, mainly from the unit trusts. This is normal for July as there are not many companies paying dividend this month. I am expecting more dividends from shares and less from UT next month.
Below are my top 30 stock holdings as at 29 July 2016. HTL disappeared from the list. Ausnet moved up as its price rose.