Summary For May 2026
Portfolio @ End of May26
May 2026 was a special month to my portfolio, represented by big rise in some stocks and big slump in some.
MI jumped 45%, JHM & Kobay both advanced 28% and 25% respectively.
Meanwhile, EUPE & MMSV both fell around 13%. Hiaptek, Hibiscus, Teoseng and TMCLife all dropped 8%.
Overall, my portfolio still able to close the month with a small gain of 1.3%, lifting the YTD gain to 12%.
Summary of April 2026
Portfolio @ End of Apr26
Although US/Israel & Iran agreed to ceasefire and negotiate since 8 Apr26, both parties try to take control of the Strait of Hormuz.
Traffic through the strait remains much disrupted, causing the crude oil price to stay high.
The Brent crude oil price once fell below USD90/barrel but rebounded to USD120/barrel. Currently it is hovering around the USD110 mark.
UAE announced that it will quit OPEC starting May26, and will increase its daily production without OPEC's restriction.
UAE is the 4th largest oil producer among OPEC+ countries. The increasing supply can only be felt after the Strait of Hormuz is fully opened though.
Summary of March 2026
Portfolio @ End of Mac26
On the last day of Feb26, someone decided to start a war and the stock market plummeted in Mac26 as a result.
Initially many people thought that US & Israel war on Iran will end swiftly within a week or two but now it seems like it might drag on for months.
Stock market in the world suffers due to the fear of inflation & economy slowdown caused by the escalating crude oil price.
As Iran closes the Strait of Hormuz which is responsible for 20% of the world's oil & gas passage, Brent crude oil price surged toward USD120/barrel from USD72/barrel before the war.
Currently it stays above USD100/barrel while there is still fear that oil & gas facilities in the region might get destroyed further.
Summary of February 2026
Portfolio @ End of Feb26
Following a spectacular start to the year, Feb26 was not a good month for KLCI as it dropped 1.4%, bringing down the YTD gain to 2.2%.
My portfolio also lost 0.5% in the month, in which both JHM & MMSV suffered 19% & 16% drop respectively after posting bad quarter results.
I have made a calculation error in my Jan26 portfolio gain and I've made the correction. The gain should be 9.13%, not 11% as posted earlier.
Anyway, the Middle East is at war now and the world stock markets generally tumbled.
