Director buying remains high, selling stays low

THE buying was high for the fourth straight week while the selling among directors was very low for the third straight week based on filings on the Singapore Exchange in the fourth week of November. A total of 16 companies recorded 28 purchases worth S$4.56 million versus one firm with two disposals worth a paltry S$0.06 million. The buy figures were up from the previous week's 10 companies, 24 purchases and S$1.66 million. The sales, on the other hand, were consistent with the previous week's one firm, two disposals and S$0.12 million.

Meanwhile, the buyback activity fell for the first time in the past three weeks with 19 companies that posted 52 repurchases worth S$4.84 million. The number of …