More buys than sells in Singapore Reits

GLOBAL mutual funds were net buyers of Singapore stocks in the three months to Jan 7. Based on aggregate transactions for the top five stocks, there were net purchases of S$838.4 million, compared to net sales of S$709.3 million. This week we take a look at the Reits segment. There were net buys of S$150 million for the top five Reits, compared to net sells of S$85.7 million. Among the buys, the highest volume was in CapitaMall Trust Management with a volume of S$56.3 million. The highest sell volume was in Fortune Reit with S$46.2 million worth of trades. For more data pls go to http://www.shareinvestor.com/mutualfundspicks.html

The data is provided by ShareInvestor and Ipreo, a leading provider of market intelligence, investor data and workflow solutions. The information is not necessarily the total picture of trading as many alternative investors, institutional money managers and sovereign wealth funds may be trading as well in the period but not disclosing their trades. Mutual fund transactions allow for analysis and clarity on a timely basis that can identify where fund managers are focusing their attention.