Directors' acquisitions up while disposals drop

BUYING by directors rebounded while selling fell last week based on filings on the Singapore Exchange from March 31 to April 4. 15 companies recorded 29 purchases worth $6.16 million versus four firms with 10 disposals worth $700,000. The buy figures were up from the previous week's 12 companies, 26 purchases, and $5.25 million.

On the selling side, the number of firms and trades were down from the previous week's six companies and 13 disposals. The sell value, however, was up from the previous week's sales worth $277,000.

Aside from insider dealings, buyback activity rose last week with six companies reporting 16 repurchases worth $23.62 million. The number of trades was unchanged but the number of firms and value were up from the previous week's four companies and $12.7 million.