Buying flat, selling remains very low
Aside from directors, buyback activity was flat with nine companies that posted 26 repurchases worth S$18.76m
THE buying was flat while the selling among directors remained very low based on filings on the Exchange in the fourth week of July. The number of companies and trades on the buying side were consistent with the previous week's four-day totals of 13 firms and 21 purchases. The buy value, on the other hand, was sharply up from the previous week's purchases worth S$1.1 million. On the negative side, the very low sales last week was not surprising as there were no disposals by directors in the previous week.
Aside from directors, the buyback activity was flat with nine companies that posted 26 repurchases worth S$18.76 million. The number of firms and trades were consistent with the previous week's nine companies and 20 transactions. The value, however, was sharply up from the previous week's buybacks worth S$0.87 million.
There were several significant purchases last week with buybacks in Ryobi Kiso Holdings and insider buys in Ezion Holdings, ISEC Healthcare Limited, Eurosports Global Limited and Oxley Holdings. Meanwhile, on the funds side, there were purchases in ARA Asset Management and a sale in Yanlord Land Group.
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