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Singapore-listed firms on share buyback spree in H1 2018
Value is four times that of year ago period amid extremely volatile trading environment
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Published Sun, Jul 22, 2018 · 09:50 PM
Singapore
SHARE buybacks in the Singapore bourse boomed over the first half of this year as companies dipped into the kitty to shore up their stocks amid an extremely volatile trading environment, fuelled by trade war and geopolitical risks and worries over the quickening pace of rising interest rates in the US.
According to market watchers the uptrend could persist for the rest of the year.
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