Directors' selling down sharply
BUYING was flat for the second straight week while the selling among directors plunged in the last week of November. Buyers outnumbered sellers with 15 companies that recorded 24 purchases worth $2.1 million versus one firm with two disposals worth $0.24 million, according to filings on Singapore Exchange. The number of companies and trades on the buying side were unchanged while the buy value was down from the previous week's purchases worth $5.4 million. Sales, on the other hand, were sharply down from the previous week's five firms, six disposals and $4.37 million.
Buyback activity was high for the second straight week with companies posting 27 repurchas…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Global wave of consultancy layoffs has not hit Singapore
Gazelle Ventures makes cash offer for No Signboard shares at S$0.0021 apiece
P&G raises annual core profit forecast on resilient demand, price hikes
American Express beats profit estimates on strong spending by wealthy customers
Sheng Siong shareholders press for details on capital allocation, M&A opportunities
Wilmar appoints former minister George Yeo as independent non-executive director