Invest
My Investment Portfolio (October 2022)
By My Investment Portfolio  •  October 31, 2022
STI ended October 2022 at around 3093 points, down a bit as compared to last month. It had been a volatile month for STI, with the index dropping below 3000 points during the month. However, it bounced back towards the end of the month. As usual, inflation and rate hike concerns continued to weigh on the markets. Also, with expectation of global economic downturn coming, investors had started to sold down stocks based on earnings projection. The China situation added into market concerns as well, as slowing growth plus zero Covid policy had dampened investor interest. I have attended the following physical AGMs/EGMs/briefing this month - SGX, Pacific Century, Micro-Mechanics, Santak, Lum Chang, Lion AsiaPac and Sakae. For my top 30 holdings this month, Samudera Shipping did well as they released a set of positive profit guidance. DBS returned to the list as the banks are expected to report...
Read the full article
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!
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance