Happy New Year 2016

2015 was unpleasant year for investors. Those who have invested in the Singapore stock market during this year will know I am talking about. The raise of interest rates announced by FED, the devaluation of Renminbi and the terrorist attack at Paris. All these bad news had badly affected the stock market.

Let's go through STI first.  On first day of 2015-January-02 (Monday), the STI Index closed at 3370.59 points. On last day of 2015-December-31 (Thursday). the STI Index closed at 2882.73 points. It dropped 487.86 points or -14.47%.

Secondly is the REITs sector.

Stock	Code	2-Jan-15	31-Dec-15	Returns	% change
AIMSAMP Cap Reit	O5RU	1.425	1.375	-0.050	-3.51
Ascendas Real Estate Inv Trust	A17U	2.4	2.28	-0.120	-5.00
Ascott Residence Trust Management Ltd	A68U	1.27	1.185	-0.085	-6.69
BHG Retail Reit*	BMGU	-	0.8	0.000	-
Cache Logistics Trust	K2LU	1.16	0.91	-0.250	-21.55
Cambridge Industrial Trust	J91U	0.68	0.565	-0.115	-16.91
CapitaCommercial Trust	C61U	1.74	1.35	-0.390	-22.41
Capitamall Trust	C38U	2.04	1.93	-0.110	-5.39
CapitaRetail China Trust	AU8U	1.625	1.49	-0.135	-8.31
First Real Estate Investment Trust	AW9U	1.26	1.2	-0.060	-4.76
Fortune Real Estate Investment Trust	F25U	7.75	7.9	0.150	1.94
Frasers Centrepoint Trust	J69U	1.92	1.845	-0.075	-3.91
Frasers Commercial Trust	ND8U	1.42	1.27	-0.150	-10.56
IREIT Global	UD1U	0.9	0.69	-0.210	-23.33
Keppel DC Reit	AJBU	0.975	1.015	0.040	4.10
Keppel REIT	K71U	1.225	0.93	-0.295	-24.08
Lippo Malls Indonesia Retail Trust	D5IU	0.345	0.32	-0.025	-7.25
Mapletree Com Tr	N2IU	1.42	1.3	-0.120	-8.45
Mapletree Greater China Commercial Trust	RW0U	0.95	0.915	-0.035	-3.68
Mapletree Industrial Trust	ME8U	1.495	1.52	0.025	1.67
Mapletree Logistics Trust	M44U	1.175	0.99	-0.185	-15.74
OUE Commercial Real Estate Investment Trust	TS0U	0.81	0.655	-0.155	-19.14
Parkway Life Real Estate Investment Trust	C2PU	2.35	2.33	-0.020	-0.85
Sabana Reit	M1GU	0.94	0.715	-0.225	-23.94
Saizen Real Estate Investment Trust	T8JU	0.86	1.09	0.230	26.74
Soilbuild Business Space REIT	SV3U	0.79	0.77	-0.020	-2.53
SPH REIT	SK6U	1.04	0.955	-0.085	-8.17
Starhill Global Real Estate Investment Trust	P40U	0.81	0.755	-0.055	-6.79
Suntec Real Estate Inv Trust	T82U	1.96	1.55	-0.410	-20.92

From the above table, we can see that most of REITS have negative returns except those highlighted in yellow.

Lastly is the Business Trusts.

Stock	Code	2-Jan-15	31-Dec-15	Returns	% change
Accordia Golf Trust	ADQU	0.755	0.535	-0.220	-29.14
Ascendas Hospitality Trust	Q1P	0.68	0.74	0.060	8.82
Ascendas India Trust	CY6U	0.84	0.87	0.030	3.57
Asian Pay Television Trust	S7OU	0.855	0.64	-0.215	-25.15
CDL Hospitality Trusts	J85	1.745	1.325	-0.420	-24.07
Croesus Retail Trust	S6NU	0.93	0.81	-0.120	-12.90
Far East Hospitality Trust	Q5T	0.82	0.665	-0.155	-18.90
First Ship Lease Trust	D8DU	0.104	0.161	0.057	54.81
Frasers Hospitality Trust	ACV	0.88	0.75	-0.130	-14.77
Hutchison Port Holdings Trust USD	NS8U	0.69	0.53	-0.160	-23.19
Indiabulls Properties Investment Trust	F3EU	0.57	0.26	-0.310	-54.39
Keppel Infrastructure Trust**	A7RU	1.07	0.51	-0.560	-52.34
OUE Hospitality Trust	SK7	0.915	0.77	-0.145	-15.85
Religare Health Trust	RF1U	0.99	1	0.010	1.01
Rickmers Maritime	B1ZU	0.285	0.098	-0.187	-65.61
Viva Industrial Trust	T8B	0.8	0.71	-0.090	-11.25

From the above table, we can see that most of Business Trusts have negative returns except those highlighted in yellow.

Some of the REITs and Business Trusts have just went through Rights Issue to obtain more funds so that they can acquire properties to enhance the rental yield. They include:
Ascendas Real Estate Inv Trust
IREIT Global

OUE Commercial Real Estate Investment Trust
Croesus Retail Trust
Viva Industrial Trust

There are 2 stocks that some buyers wanted to buy over. That include Saizen Real Estate Investment Trust and Ascendas Hospitality Trust. That's why their share prices have shot up. 

Let's hope that the REITs and Business Trusts can do well in 2016 as most of my funds are all in these two sectors.