Buying and buybacks continue to rise, selling down

BUYING rose for the third straight week with 22 companies recording 47 purchases worth S$5.7 million based on filings on the Singapore Exchange in the fourth week of November. The figures were up from the previous week's 18 firms, 38 purchases and S$1.61 million. Selling, on the other hand, fell with four companies recording six disposals worth S$0.60 million. The figures were down from the previous week's five firms, nine disposals and S$0.86 million.

Aside from directors, the buyback activity rose last week with 16 companies that posted 62 repurchases wo…