Buying by insiders low for the first time in the past five weeks
INSIDER buying was low for the first time in the past five weeks with 10 companies that recorded 17 purchases worth S$0.91 million based on filings on the Singapore Exchange from Nov 28 to Dec 2. The figures were sharply down from the previous week's 16 firms, 28 purchases and S$4.56 million.
The selling, on the other hand, rose with two companies that recorded three disposals worth S$9.7 million. The figures were up from the previous week's one firm, two disposals and S$0.06 million.
Meanwhile, buyback activity fell slightly with 18 companies that made 47 repurchases worth S$2.31 million. The figures were down from the previous week's 19 firms, 52 trades and S$4.84 million.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
S&P slashes Boeing credit outlook as rating hovers above junk status
Honda to spend US$11 billion on EV strategy in Canada
GlaxoSmithKline sues Pfizer and BioNTech over Covid-19 vaccine technology
Mapletree Industrial Trust Q4 DPU rises 0.9% to S$0.0336
Nasdaq’s profit falls as shaky economy keeps IPO revival elusive
iFast Q1 net profit surges on ePension unit performance