February 2024 Market Review

february 2024 market review

Market condition

KLCI increased by 2.65% to 1,553.14.

S&P500 closed at 5,097.27, increased by 5.20%.

My view: The uptrend continued

In the second month of 2024, the markets continued to do well. KLCI managed to maintain above 1,500 and S&P500 achieved record high.

Foreign funds continued to flow into Bursa Malaysia. If this trend continues, I think our market will continue to have good performance in this year.

Transactions done

1. GBTC: Sold some at $41.95.

Dividend received

1. PAVREIT

RM 0.046/share = DY 2.98%

This is my first dividend from PAVREIT in 2024. The actual amount received per share was only RM 0.0415.

2. BURSA

RM 0.14/share = DY 2.11%

This is also the first dividend of the year from BURSA.

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. 

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