Director buying rises, selling flat

THE buying rose while the selling among directors was flat based on filings on the Singapore Exchange in the third week of January. A total of 12 companies recorded 21 purchases worth S$0.79 million versus two firms with two disposals worth S$4.57 million.

The buy figures were up from the previous week's 10 companies, 18 purchases and S$0.58 million. On the selling side, the number of firms and trades were not far off from the previous week's one company and two disposals. The sell value, however, was sharply up from the previous week's disposals worth S$0.08 million.

While the buying by directors rose last week, the buyback activity fell with nine companies that posted 22 repurchases worth S$2.9 million. The figures were down from the previous week's 11 firms, 33 trades and S$8.9 million.