STI ended this month down to close at almost the same level as last month. The market had been very volatile as it had to digest news from the economic front, Ebola outbreak updates, US Fed meeting decision etc. The fall in oil price also affected oil-related stocks. It seems that markets had been reacting to newsflow everyday rather than focusing on company fundamentals. Markets were down for most of the month until the last week when news of Bank of Japan stimulus package managed to drag STI back up to nearly the level at the close of last month.

For this month, I have attended the following AGMs/EGMs/briefings - Karin, St James, Top Global, GuocoLeisure, Ryobi Kiso, Saizen REIT, China Yuanbang, Chuan Hup, Sim Lian, Santak, LCD Global Investments, Hupsteel and Singapura Finance.

For my top 30 holdings, due to market volatility, there had been quite a few changes. ...