Buying activity up sharply for second straight week

BUYING rose for the second straight week with 28 companies that recorded 51 purchases worth S$2.31 million based on filings on the Singapore Exchange in the third week of August. The figures were sharply up from the previous week's four-day totals of six firms, nine purchases and S$1.07 million. The sales, on the other hand, fell with only three companies recording five disposals worth S$0.76 million. The figures were not far off from the previous week's three firms, five disposals and S$0.52 million.

Meanwhile, buyback activity rose for the f…