STI ended December and the year at 3251 points, advancing around 4% for the whole year as compared to 2021. Markets initially cheered on China's easing of Covid-19 measures early in the month. But recessionary concerns and rate hike fears limited the upside. For my top 30 holdings this month, Hotel Properties did well after announcing disposal of commercial units at Ming Arcade via collective sale. Some of the stocks in the Top 5 Holdings (US$ Denominated shares) list like Mandarin Oriental, Hongkong Land, Jardine Matheson and DFI Retail Group also did well due to Hong Kong and China reopening. Sembcorp Industries also made it to the list after benefiting from higher energy prices this year due to inflation and its strategy to reduce carbon footprint and improve gearing. Among the laggards, Samudera Shipping was again sold off due to weaker container shipping rates.  I have bought the following companies...