04 Jul '11, 9am

IM$avvy Headlines: All six #portfolios advanced #investment #finance

AFTER three months of choppy trading, the markets steadied and firmed in the last two weeks. Last week, the Straits Times Index climbed 2.4 per cent. This compared with the 2.1 per cent average increase for our six portfolios. This is the first two consecutive weeks of increase since the first week of April. All the six portfolios advanced, with the biggest mover being the lowest forward price-earnings portfolio. That portfolio rose by 3.5 per cent, led by the 9.7 per cent surge in China Fishery. CWT, which popped 7.3 per cent, was also a major contributor to the portfolio's gain. Other big gainers included Kingboard Copper Foil, SC Global, and to a lesser extent, Longcheer and Mercator Lines. The one-year top losers portfolio made the second-biggest gains of 2.7 per cent. It was lifted by Lereno Bio-Chem, AusGroup, and Annica. The lowest price-to- book portfolio made the ...

Full article: http://www.cpf.gov.sg/imsavvy/infohub_article.asp?readid=...

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