Buying remains flat, selling slips

THE buying was flat for the third straight week while the selling among directors fell based on filings on the Singapore Exchange from March 28 to April 1. A total of 13 companies recorded 26 purchases worth S$3.25 million versus one firm with two disposals worth S$2.8 million. The buy figures were up from the previous week's four-day totals of 12 firms, 25 purchases and S$1.04 million. On the selling side, the number of companies and trades were sharply down from the previous week's three firms and four disposals. The sell value, however, was sharply up from the previous week's disposals worth S$0.4 million.

Meanwhile, buyback activity plunged for the second straight week with only eight companies that posted 18 repurchases worth S$7.5 million. Th…