Saturday 22 Jun 2024
main news image

LAST Friday, my portfolio decreased in line with the broader market, which fell sharply in the wake of Wall Street’s decline on Thursday.

The portfolio value went down by 1.17% to RM 104,543 while the FBM KLCI declined by 1.14%.

Total returns for the portfolio decreased from 5.8% to 4.5%.

The portfolio started on 8 July 2014 with a capital of RM100,000. Since then, it has outperformed the FBM KLCI by 9%, and has registered an annualised return of 17.5%.

Total profits currently stand at RM 4,543.

There were no gainers among our existing stocks on Friday. The stocks that lost more ground were ES Ceramics Technology Bhd (-7.7%) and Crescendo Corporation Bhd (-3.1%).

The following shares were bought last Friday, following a pick-up in trading momentum:

SMPC Corporation Bhd: 4,800 shares at RM1.03 per share. The company processes and manufactures steel related products.

Apex Equity Holdings Bhd: 5,100 shares at RM1.54 per share. The company is a Kajang based stockbroker that also has a large land bank.

There were no shares sold on Friday.

This article first appeared in The Edge Financial Daily, on October 13, 2014.

      Text Size