Buying by directors rises while selling remains flat

THE buying by directors rose for the fourth straight week with 20 companies that recorded 52 purchases worth S$11.3 million based on filings on the Singapore Exchange from Nov 30 to Dec 4. The number of firms was not far off from the previous week's 22 companies while the number of trades and value were up from the previous week's 47 purchases worth S$5.7 million.

The selling, on the other hand, was flat with four companies that recorded six disposals worth S$0.71 million. The figures were consistent with the previous week's four firms, six disposals and S$0.59 million.

Meanwhile, the buyback activity rose for the second straight week with 23 companies that posted 80 repurchases worth S$8.02 million. The number of firms and trades were up from the previous week'…