STI closes this month at around 2589 points, up slightly as compared to last month. Fear of Covid-19 virus numbers spiking again after countries re-opening their economy had been a major concern this month. US market volatility and upcoming Singapore general election next month also on most investors mind. Investors had been cautious, with activities centered mostly on penny stocks towards the end of the month.
For my top 30 holdings, VICOM did well after doing a stock spilt. The Hour Glass returned to the list after reporting a decent set of full-year results. Jardine C&C though had been a major laggard. Not much changes had been observed in the other stocks in the list.
I have bought the following companies from the market this month – AF Global, Bukit Sembawang Estates, Chuan Hup, ComfortDelgro, Dairy Farm, Heeton, Hiap Hoe, Hong Fok, Hotel Grand Central, Jardine Matheson, Jardine Strategic, Koh Brothers, Lion AsiaPac, Mandarin Oriental, Metro, NSL, OUE, Pacific Century and SingTel.