The market is still trending downwards in 2016.
In spite of the mini gain on Friday, my portfolio's lost widen to 6.0% after the 3rd week (not counting dividends collected).
My worst performing counter is Keppel Corp, which has lost 36% its invested value. The depressed oil price means Keppel Corp may not get back to its glory days of being a $12 stock for a long time. Keppel Corp announced the final dividend payout of 22 cents on Thursday, which is about 40% less from 2015 of 36 cents.
Sembcorp Indust is not far behind from Keppel Corp and so far has lost 32.9% its invested value. These 2 counters are main contributors to my portfolio's decline. Let's see how low Keppel Corp and Sembcorp Indust can go. But I just do ......