STI started the first month of 2019 on a good note, up more than 3% from last month to close at around 3190 points. It had been a good month all round for markets around the world, with investors now pricing in a slower interest rate hike from US Fed this year and also optimism of some resolution of trade war between US and China.
For this month, I have attended the following AGMs/EGMs/briefing - Frasers Commercial Trust, Frasers Centrepoint Trust, F&N and Frasers Property Limited.
For my top 30 holdings, UIC entered the list for the first time as property counters recovered some lost ground this month. Venture also returned to the list as technology stocks recovered from the sell down last month. As usual, I will selectively add onto some counters in the list whenever there is an opportunity to do so.
I have bought the following companies from the market...