Market update: Switching to defensive counters

Just sold AEM for 26% profit and Wing Tai for 6% profit.

Also queueing to sell

  • Guocoland
  • Best World

No, I am not bearish, and these stocks are good companies that I am willing to buy back. With STI making its all time high since the GFC, I thought that its prudent to switch to more defensive counters for the time being. Of course its always nice to take some profit off the table….whilst its there!

Queueing to buy

  • Viva
  • more First Reit
  • more Mapletree Ind
  • more Kep Infra
  • more Singtel

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