30 january 2015

The equity market has been very volatile this month. Stock indices went up and down like a yo-yo. Oil price crisis still are still haunting the market. Negative economic data from China and Europe further depressed the market sentiment. ECB’s QE decision gave a boost to the market sentiment, which improved in the 2^nd half of the month. Positive results reported by the S-Reits also helped the market to recover. The MAS' shifting of strong S$ policy seemed to have positive impact on the stock prices as well.

As at 30 January, STI closed at 3,391.20, rose 26.05 points, or 0.77% compared to last month. My portfolio performed better than the STI this month. As at 30 January, its value increase by 2.15%. Certain counters benefited from oil price drop and performed very well in this month.

I bought some Tat Hong shares this month, and received some Boustead shares through scrip dividend scheme.I tried to nibble on SCI and Keppel Corp in vain. I also participated in the right issues of Pac Andes. The total fund invested in stock market was S$9,850.

The major share holder of Popular Holdings Ltd, one of my flavoured dividend producing counter, has announced their plan to take the company private. Looking at the way things go, I think I will have no choice but to sell my small stake to them. I will miss the constant dividend from this counter, though I will sell the shares with a handsome profit.

Total passive income amounted to S$5,168 this month, from both shares and UT portfolio. Below are the top 30 counters as at 30 January 2015. ComfortDelGro overtook SPH and took the top spot due to recent price run-up. The number of position changes showed the volatility of the market. Keppel Corp and Ascott Reit was replaced by Fraser CT and SingShipping.

1.     ComfortDelGro
2.     SPH
3.     OCBC Bank
4.     DBS
5.     Ausnet Services
6.     Sembcorp Ind
7.     Metro
8.     Starhub
9.     Frasers Comm Tr
10.  ST Engineering
11.  SGX
12.  CapitaLand
13.  United Engineers
14.  CitySpring Trust
15.  OUE
16.  CapitaComm Tr
17.  AIMSAMP Cap Reit
18.  Nikko AM STI ETF 100
19.  SIA
20.  YZJ Shipbldg SGD
21.  Ascendas Reit
22.  Mapletree Log Tr
23.  SingTel
24.  Global Inv
25.  Sing Inv & Fin
26.  Lippo Malls Tr
27.  Sembcorp Marine
28.  SATS
29.  Frasers Cpt Tr
30.  SingShipping