SUBSCRIBERS

Buybacks at eight-month high in May

Director buying to selling ratio at 5:1, as ST Index maintains 3,200 level.

Published Sun, Jun 4, 2017 · 09:50 PM

THE five sessions spanning May 26 to June 1 saw the Straits Times Index (STI) generate a marginal 0.1 per cent gain, ending the five sessions at 3,224 and bringing its 2017 year-to-date (YTD) total return to 14.1 per cent.

Eleven stocks conducted share buybacks over the five sessions with a total consideration of S$11.9 million, down 17 per cent from the preceding five sessions. For the month of May, a total of 20 companies conducted buybacks, with a total of consideration of S$49 million, the highest monthly value since September 2016.

Over the five sessions, more than 50 stocks lodged changes o…

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes