31 March 2015

For the past 8 days Singapore mourned the passing of our nation's founding father, Mr. Lee Kuan Yew. It was a very emotional week but the stock market did not seem to be very adversely affected by Mr. Lee's passing, for STI was quite flat over the last week. Credit to the late Mr. Lee who had ensured a smooth transition of power to the next generation of political leaders.

Global market continue to be affected by the pending US interest rate hike, which looks likely to happen quite soon. Greek saga looks settled, though it is not quite done. China's economy slowdown was another hot topic, but some investors are hoping that the Chinese government will ease liquidity, so that cushioned the effect a little.

Despite all these noises, STI finished the month March up 44.15, or 1.30% compared to end of February, it closed today at 3,447.01. However, my portfolio performed badly this month. The value drop 0.41%! Reits and a few other property related counters performed badly. Noble was hit hard due to Iceberg report.

This month, I bought some shares of SIA Engineering and Nera Tel. I also received some shares from AimsampIReit, Mapletree Ind Tr and CapitaR China Trust. My Popular Group Shares were debited from my CDP account. the proceed was re-invested. I received a total of S$5,903 in passive income, from both stocks and UT. Below are my top 30 holdings as at 31 March 2015. Apart from some position swopping, there is not much change in the list.

1	ComfortDelGro
2	SPH
3	OCBC Bank
4	DBS
5	Ausnet Services
6	Starhub
7	Metro
8	Sembcorp Ind
9	ST Engineering
10	Frasers Comm Tr
11	SGX
12	CapitaLand
13	CitySpring Trust
14	OUE
15	CapitaComm Tr
16	AIMSAMP Cap Reit
17	United Engineers
18	Nikko AM STI ETF 100
19	Ascendas Reit
20	Mapletree Log Tr
21	YZJ Shipbldg SGD
22	SingTel
23	SIA
24	Sing Inv & Fin
25	SATS
26	SingShipping
27	Global Inv
28	Lippo Malls Tr
29	Sembcorp Marine
30	Frasers Cpt Tr