Quick update - Aug 2020
Despite US market being in the cloud nine after a V-shaped rebound, the STI is still languishing. I have done a quick snapshot here on the top gainers and losers that I am holding currently so it's easy to recap later on. Top losers % change Top gainers % change Starhill Glb -40% Mapletree Logistics 50% Silverlake axis -32% Prime US Reit 9% First Reit -30% Yangzijiang 8% ComfortDelgro -27% Ascott Residence Trust 7% Singtel -27% Singapore Exchange 4% The losers look damn bad. They are under retail sector, public transport and telcos which are sectors worst hit by the covid, thus the plunge in their share prices and dividends. First REIT's plunge was due to the unsettled saga with its parent company Lippo Karawaci. Gainers are the ones who managed to hold their fort. A misstep post March's crash is that I sold majority of my MLT to take profits but I ...