More stock sells than buys by mutual funds
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
GLOBAL mutual funds sold far more Singapore stocks than they bought in the three months to Aug 26. Based on the top five stocks, there were net sells of S$1.08 billion, compared to net buys of S$782.2 million.
This week we look at the segment of technology and healthcare stocks, where sells also outweighed buys, albeit on a fairly thin volume.
Based on the top five stocks, there were net sells of S$40.9 million, compared to net buys of S$22.9 million. The top stock among the sells was M1with a volume of S$15.2 million. The top stock among the buys was Singtel with a volume of S$7.3 million.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
OCBC is said to emerge as lead bidder for HSBC Indonesia assets
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
