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My Investment Portfolio (October 2020)
By My Investment Portfolio  •  October 30, 2020
STI closes this month down at around 2423 points. As we moved towards the end of the month, markets had been sold down due to concerns on the result of the upcoming US Election, raising Covid-19 cases around the world and uncertainty of a second stimulus package in US. STI had fallen for the last 5 consecutive trading days of the month after a promising start during the earlier part of the month.
For my top 30 holdings, iFAST surged past the other stocks in the list to capture top spot for the first time. Accelerated digitization due to Covid-19, more retail investor interest as can be seen in the B2C segment revenue in their reported 3Q20 result and increasing trading activities due to volatility in financial markets had benefited them. CapitaLand Integrated Commercial Trust is a new entry in the list after the merger of CapitaLand Mall Trust and CapitaLand Commercial Trust had been completed.
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By My Investment Portfolio
A self-directed investor, looking to invest for retirement needs and bypass all those expensive financial planners/insurance agents. Investing is fun, profitable or most important of all, knowledge gained is useful for the rest of your life!
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