Buying plunges, selling remains low

THE buying plunged while the selling among directors remained low based on filings on Singapore Exchange in the last week of January. A total of nine companies recorded 19 purchases worth S$3.06 million versus one firm with two disposals worth S$0.04 million. The buy figures were sharply down from the previous week's 30 companies, 71 purchases and S$7.1 million. There were no sales by directors in the previous week.

Aside from directors, the buyback activity plunged last week with only six companies that posted 20 repurchases worth S$1.63 million. The figures were sharply down from the previous week's 27 firms, 87 trades …