Director buying flat, selling falls

THE buying among directors was flat while the selling fell in the fourth week of January, based on filings on Singapore Exchange. Buyers outweighed sellers with 10 companies that recorded 23 purchases worth S$0.68 million versus one firm with one disposal worth S$0.0007 million.

The buy figures were not far off from the previous week's 12 companies, 21 purchases and S$0.79 million. The sales, on the other hand, were sharply down from the previous week's two firms, two disposals and S$4.57 million.

Aside from directors, the buyback activity was flat last week with seven companies that posted 20 repurchases worth S$5.8 million. The number of firms and trades were not far off from the previous week's nine companies and 22 transactions while the value was sharply up from the previous week's turnover of S$2.9 million.