November 2023 Market Review

November 2023 Market Review

Market condition

KLCI closed at 1,452.74, an increase of 0.73%.

S&P500 reversed its downtrend and closed at 4,567.80, an increase of 8.92%.



My view: A good month for the markets

Both the markets closed with positive gain compared to the past month. In fact, S&P500 had its largest monthly gain in 2023.

I did not make any transaction in the past month as I was on vacation for almost two weeks. I have a positive outlook on both markets in December. Thus, I think there would not be much bargains. I probably would not make any transaction and would accumulate more cash going into 2024.



Transactions done

Nil.



Dividend received

1. HEIM

RM 0.40/share = DY 2.09%

This is my second dividend from HEIM in 2023. My annual yield is now 7.22%.

2. MYEG

RM 0.0025/share = DY 0.30%

This is my second dividend from MYEG. My annual yield equals to 1.52%.



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. 

Leave a Reply

Your email address will not be published. Required fields are marked *