Buying surges, selling low for fourth straight week

THE buying surged while the selling among directors was low for the fourth straight week based on filings on the Exchange from Aug 25 to 29. A total of 19 companies recorded 32 purchases worth S$4.68 million versus two firms with three disposals worth S$0.103 million. The buy figures were up from the previous week's 13 companies, 27 purchases and S$1.4 million. On the selling side, the number of firms and trades were up from the previous week's one firm and one disposal. The value, however, was sharply down from the previous week's sales worth S$1.98 million. Aside from directors, the buyback activity rose with 13 companies that posted 38 repurchases worth S$9 million. The figures were up from...

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