THE FBM KLCI added 4.12 points or 0.23% to close slightly higher on Tuesday at 1,821.25. However, market breadth was slightly negative, with the number of losers just edging ahead of gainers.

Regional markets traded mixed. In the US, tech-heavy Nasdaq closed at 5,008.10 points, the highest in 15 years, buoyed by merger activities. The upbeat sentiment extended to the Dow Jones Industrial Average and S&P 500. Europe stock markets are also up in anticipation of the central bank’s bond buying programme, which is slated to begin in two days.

Meanwhile, Australia’s ASX 200 Index fell after the Reserve Bank of Australia (RBA) announced that it would keep its benchmark interest rate on hold at 2.25%.

Yesterday, I sold all my shares in the following companies:

• Ingenuity Consolidated: 120,000 shares at 7 sen.

• London Biscuits: 12,500 shares at 75 sen.

• Elsoft Research: 5,000 shares at RM 1.75.

• Top Glove Corporation: 1,800 shares at RM 5.01.

• Supercomnet Technologies: 72,000 shares at 13 sen.

I continue to hold Raya International (-5%) and Mclean Technologies (-10%).

My portfolio, which started with RM100,000 has for the first time dipped into a loss of 1.2% since inception, but has still outperformed the benchmark KLCI by 2.5%.

This article first appeared in The Edge Financial Daily, on March 4, 2015.