Two weeks into May 2021, the Straits Times Index (STI) lost 5.0%. The Straits Times Index (STI) lost 5.0% from 3,218.27 points on 30 April to 3,055.02 points on 14 May 2021.
My Singapore equity portfolio lost 6.1%. This was worse than the STI.
The stocks that dragged my portfolio down were:
However, my SPDR STI ETF held out quite well, losing only 4.5%.
SPH was in the news recently. It lost 14.1%. SPH will in time become a property company without the media businesses if its shareholders approve.
Singtel lost 7.2%. It was in the news that the company is going to take an exceptional charge of S$839 million in the second half of the accounting period.
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