Buying by company directors falls

BUYING by directors fell for the first time in the past three weeks based on filings with the Singapore Exchange in the fourth week of May - 20 companies recorded 41 purchases worth S$1.88 million.

The number of firms and trades were down from the previous week's 23 companies and 56 purchases.

The value, however, was up from the previous week's S$1.47 million.

Selling, on the other hand, was low for the fourth straight week with only one firm with one disposal worth S$10,000.

The number of companies and trades were unchanged while the value was sharply down from the previous week's S$3.95 million.

While the buying by directors fell last week, buyback a…