January 2024 Market Review

January 2024 Market Review

Market condition

KLCI closed at 1,512.98, an increase of 4.01%.

S&P500 closed at 4,845.15, increased by 1.58%.

My view: A good start for the year

Both markets continued their uptrend and KLCI finally broke through 1,500 level! Perhaps it is the time for our local market to shine.

Foreign funds continued to flow into Bursa Malaysia in January 2024. It seems like this trend is going to continue for a while. With this good beginning, I hope that my Malaysia portfolio will post higher return in 2024.

Transactions done

1. VTEB: Bought some at $50.84.

2. BKLN: Bought some at $21.15.

3. MCHI: Bought some at $39.60

4. GBTC: Sold some at $36.80

Dividend received


RM 0.15/share = DY 0.48%

This is my first dividend of the year. However, this stock has lost much ground since I bought it.

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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