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My Investment Portfolio (May 2021)
By My Investment Portfolio  •  May 31, 2021
STI ended this month at around 3164 points, down more than 1% as compared to last month. Singapore had tightened its Covid-19 measures this month in view of raising community cases, resulting in higher volatility of STI. Initially, stocks were sold down but STI stayed above 3000 points despite fears of another round of circuit breaker restrictions to close the month strongly. For my top 30 holdings, iFAST continued its good run after releasing a set of decent 1Q21 results and also attracted various brokerage houses target price upgrades after inclusion in MSCI Singapore Index. Frencken was among the major movers as investors cheered their 1Q21 business update due to increase in revenue for semiconductor segment. Metro Holdings and Bukit Sembawang Estates also did well after announcing their full year result, coupled with an increased dividend payouts. The Hour Glass returned to the list after announcing a much higher...
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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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