Director buying plunges; buybacks rebound

BUYING by directors plunged after trading flat for two straight weeks based on filings on the Singapore Exchange from Feb 6 to Feb 10 with four companies recording five purchases worth S$0.74 million. The figures were sharply down from the previous week's four-day total of nine firms, 18 purchases and S$1.51 million. Meanwhile, there were no sales by directors last week after posting a modest two companies, three disposals and S$0.11 million in the previous week.

While buying …