Sarine Tech top pick among industrials

GLOBAL mutual funds were net buyers of Singapore equities in the three months to Oct 29.

Some S$1.5 billion worth of stocks were purchased on an aggregate basis based on trades in the top five stocks, compared to sales of S$0.68 billion.

This week we look into the the segment of industrial stocks (excluding transportation). There were S$58.6 million worth of net purchases of the top five stocks, compared to net sells of S$16 million.