Director activity remains low, buyback value jumps

DIRECTOR activity remained low based on filings on Singapore Exchange from Oct 26 to 30 with eight companies recording 25 purchases worth S$1.06 million versus three firms making five disposals worth S$1.15 million. The figures were consistent with the previous week's 10 companies, 21 purchases and S$1.94 million on the buy side and three firms, four disposals and S$0.96 million on the sell side.

Aside from directors, the buyback activity was also low last week with nine companies making 24 repurchases worth S$10.5 million. The numbers of firms and trades were sharply down from the previous week's 14 companies and 42 repurchases. The value, on the other hand, was sharply up from the…