STI ended this month higher at around 3166 points but it was a volatile month. Singapore went back to Phase 2 (Heightened Alert) status again during the month due to raising Covid-19 cases. Chinese government’s crack-down on technology, education and property sectors had also been making the headlines this month. Concerns on rising inflation and rising Covid-19 cases globally also contributed to investors' nervousness on markets.
For my top 30 holdings, Jardine C&C returned to the list after announcing a decent set of 1H21 result, mainly due to Astra. iFAST was also in the news, after announcing a set of results that disappointed the market due to lower than expected growth in non recurring income. CFM dropped out of the list after I reduced my stake in the stock. Not much changes had been seen in the other stocks in the list.
I have bought the following companies from the market this month...