September 2024 Market Review

september 2024 market review

Market Condition

KLCI deceased by 1.78% to 1,648.91.

S&P500 increased by 2.02% to 5,762.48.

Market Trend: A dip for the local bourse

KLCI reversed its uptrend and closed lower than the previous month. Nonetheless, the foreign funds remain as net buyer in the month and year-to-date.

After the federal rate cut, the US market rejoiced. S&P500 inched higher and higher. However, due to the depreciation of the US dollar, the performance of my foreign portfolio was affected.

Transactions done

1. VTI: BOUGHT some at $271.36; SOLD all at $284 & BOUGHT at $282.64.

2. MCHI: BOUGHT some at $46.

3. UCHITEC: BOUGHT some at RM 3.75.

4. SGOV: BOUGHT at $100.34 & SOLD all at $100.73.

5. FLIN: BOUGHT some at $41.79.

6. EIDO: BOUGHT some at $22.52.

Dividends received

1. PANAMY: RM 1.21/share = DY 3.87%. YTD annual DY = 4.35%.

2. DUFU: RM 0.015/share = DY 0.67%. YTD annual DY = 1.56%.

3. MAYBANK: RM 0.29/share = DY 3.96%. YTD annual DY = 8.20%.

4. LIIHEN: RM 0.007/share = DY 1.09%. YTD annual DY = 6.21%.

5. UCHITEC: RM 0.065/share = DY 2.73%. YTD annual DY = 7.99%.

6. MYEG: RM 0.0168/share = DY 2.03%. YTD annual DY = 2.03%.

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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