GLOBAL mutual funds were net buyers of Singapore stocks in the three months to Nov 19. Based on net buys of the top five stocks in terms of volume, there were net buys of about S$1.9 billion compared to net sells of S$733.4 million.
This week, we look into transactions in the consumer goods sector where net buys of the top five stocks of S$335.2 million also outweighed sells of S$63.4 million. Among buys, the top stock was Thai Beverage Public Company which saw a volume of S$298.1 million.
As for sell transactions, the highest traded was Super Group Ltd with a volume of about S$35.5 million. For more data, 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.