Buying maintains pace, selling resurfaces after idle week

BUYERS were active for the third straight week while selling among directors rebounded after recording no sales in the previous week. A total of 24 companies recorded 39 purchases worth S$5.47 million versus two firms with three disposals worth S$3.3 million, based on Singapore Exchange filings in the second week of September. The number of companies and trades on the buying side were up from the previous week's 21 firms and 36 purchases. The buy valuewas sharply down from the previous week's purchases worth S$17.3 million.

Buyback activity remained high with 13 companies posting 42 repur…