Buying by directors high, no sales

THE buying by directors was high during the holiday-shortened week of June 2-5 with 22 companies recording 40 purchases worth S$6.6 million. The figures were not far off from the previous week's five-day totals of 22 firms, 45 purchases and S$5.83 million.

The heavy buying was more pronounced as there were no sales by directors last week which was a steep drop from the already low four companies, seven disposals and S$0.92 million in the previous week.

Aside from directors, the buyback activity was high in the first week of June with 16 companies that …