Tong’s Momentum Portfolio - Nov 11, 2014
AFTER a lacklustre performance last week, FBM KLCI rebounded on Monday, adding some 0.21% to close at 1,827.93 points. However, the broader market remained weak, with losers overwhelming gainers by a 4-to-3 ratio.
Positively, China and Hong Kong stocks rallied on news that mutual investing in both stock markets is slated to begin on November 17. European stocks too, advanced in anticipation of the release in corporate results.
My portfolio value rose along with the FBM KLCI’s uptrend, with total returns increasing by 0.06% to RM 107,067.
The portfolio started on 8 July 2014 with a capital of RM100,000. Since then, it has outperformed the FBM KLCI by 10.5%, and has registered an annualised return of 20.5%.
Total profits currently stand at RM 7,067.
In my portfolio, Willowglen MSC extended its rally from last week, with a further 2.2% gain. Meanwhile, HIL Industries rose by 0.6%. The stocks that lost momentum were KSL (-0.7%), Teo Seng (-0.8%), and Cresendo (-1.1%).
I kept the portfolio unchanged on Monday.
http://www.theedgemarkets.com/
AFTER a lacklustre performance last week, FBM KLCI rebounded on Monday, adding some 0.21% to close at 1,827.93 points. However, the broader market remained weak, with losers overwhelming gainers by a 4-to-3 ratio.
Positively, China and Hong Kong stocks rallied on news that mutual investing in both stock markets is slated to begin on November 17. European stocks too, advanced in anticipation of the release in corporate results.
My portfolio value rose along with the FBM KLCI’s uptrend, with total returns increasing by 0.06% to RM 107,067.
The portfolio started on 8 July 2014 with a capital of RM100,000. Since then, it has outperformed the FBM KLCI by 10.5%, and has registered an annualised return of 20.5%.
Total profits currently stand at RM 7,067.
In my portfolio, Willowglen MSC extended its rally from last week, with a further 2.2% gain. Meanwhile, HIL Industries rose by 0.6%. The stocks that lost momentum were KSL (-0.7%), Teo Seng (-0.8%), and Cresendo (-1.1%).
I kept the portfolio unchanged on Monday.
http://www.theedgemarkets.com/
