STI ended started the first month of the year up to close at 3391 points, though it ended a bit weaker during the last trading day of the month. Various concerns were present in the market. 1. The Swiss taking the cap off their currency, causing Swiss franc to strengthen significantly. 2. ECB increasing the money supply aka QE. 3. Greek debt issue had been on the headline again. 4. US Fed latest hawkish stance on rates, which means interest rate is going to go up soon.

For this month, I have attended the following AGMs/EGMs/briefings - Yoma, OUE, OUE H Trust, Frasers Commercial Trust, BRC Asia, Pacific Andes, PNE Industries, Casa Holdings and Frasers Centrepoint Limited.

For my top 30 holdings, there were quite a few changes. Popular and Keppel Land appeared on the list after both companies announced takeover offers which triggered their share price upwards. Keppel T&T ...