STI ended the month at 3110 points. It started the month on a weak note and it actually fell below 3000 points and hit a 52 week low of 2960 points during the month. However, it recovered towards the end of the month to close higher. Companies had been releasing their full-year results towards the end of the month and there are some buying interest as things are not as bad as expected. Also, most companies are still paying dividends and that had attracted some investors back into the market.
For this month, I have attended the following AGMs/EGMs/briefings - Singapore Windsor, Del Monte, Transview and F&N.
For my top 30 holdings, there had been a lot of changes, as some had dropped out while others had came in. This is normal during result reporting season as investors reacted to news. Two new entries in my list for the first ......