Buying falls, selling among directors still at low

THE buying fell while the selling among directors remained low based on filings on the Exchange in the fourth week of April. A total of 12 companies recorded 33 purchases worth S$1.79 million versus one firm with two disposals worth S$4.6 million. The buy figures were down from the previous week's 15 companies, 37 purchases and US$4.16 million. On the sell side, the number of firms and trades were consistent with the previous week's two companies and three disposals. The sell value, however, was sharply up from the previous week's disposals worth S$0.23 million.

Meanwhile, the buyback activity fell for the second straight week with 10 companies that posted 31 repurchases worth S$5.4 million. The figures were down from the previous week's 12 firms, 42 trades and S$10 million.

Pacific Century Regional Developments Limited