These Singapore stocks were the most bought and sold by retail investors in volatile April
Large dips in banks and blue chips purchased by retail traders; institutions turn defensive, cut positions in financial, maritime shares
[SINGAPORE] Traders rode a wave of sharp swings in Singapore stocks in April, as tariff-driven volatility pushed investors into risk-off mode and to return to the market to buy large dips.
The Straits Times Index (STI) fell 14.6 per cent from 3,972.43 at the end of March to 3,393.69 on Apr 9, subsequently recovering 12.9 per cent to 3,832.51 by the last trading day of the month, Apr 30.
Several stocks stood out as the most heavily bought by retail traders during the month, particularly in the financial services and industrial sectors, SGX data indicates.
TRENDING NOW
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
Not retirement, but a rewiring and fresh perspectives post-DBS, says Piyush Gupta
Thai and Vietnamese farmers may stop planting rice because of the Iran war. Here’s why
Should developers build more one-bedroom condo units?