STI ended the month at around 3213 points, down around 3% from last month. It had been another challenging month for investors, especially those in the emerging markets as trade war fears accelerated further with Turkey becoming the latest addition to the list. On the local front, companies with financial year ending 30 June 2018 reported their full year results but it had been a mixed bag with cautious outlook statements.
For this month, I have attended the following AGMs/EGMs/briefing - Delfi, Del Monte and Straits Trading.
For my top 30 holdings, the main mover had been Bukit Sembawang Estates as the stock recovered from the selldown last month, due to news of 'well-received' private preview of its freehold condo project, 8 St Thomas. Stamford Land also held up well this month as the company begin to buy back its shares from the market. DBS and Best World dropped out ...
For this month, I have attended the following AGMs/EGMs/briefing - Delfi, Del Monte and Straits Trading.
For my top 30 holdings, the main mover had been Bukit Sembawang Estates as the stock recovered from the selldown last month, due to news of 'well-received' private preview of its freehold condo project, 8 St Thomas. Stamford Land also held up well this month as the company begin to buy back its shares from the market. DBS and Best World dropped out ...