Market Condition
KLCI closed at 1,678.80, an increase of 3.27%.
S&P500 increased by 2.28% to 5,648.40.
Market Trend: Good time continued
Both markets continued to advance in the past month. KLCI might have a chance to hit 1,700 in this year. Foreign funds still continued to come into Malaysian stock market.
S&P500 was making new highs in August. With the imminent reduction in interest by Federal Reserve, perhaps the US market will be doing well for the rest of the year.
Transactions done
1. SGOV: BOUGHT at $100.30 and SOLD at $100.74.
2. IBIT: BOUGHT some at $36.00 & $32.00.
3. VTI: BOUGHT some at $261.39.
4. MYEG: BOUGHT some at RM 0.825.
5. FLIN: BOUGHT some at $39.42.
6. EIDO: BOUGHT some at $19.88.
7. MCHI: BOUGHT at $42.03.
Dividends received
1. PAVREIT: RM 0.0453/share = DY 2.94%. YTD annual DY = 5.94%.
2. BURSA: RM 0.18/share = DY 2.71%. YTD annual DY = 4.82%.
Disclaimer: This article is for informational purposes only. It is not a recommendation to buy or to sell financial instruments nor an offer to buy or sell financial instruments.
