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High buyback for 4th week running

Published Sun, Dec 15, 2013 · 10:00 PM
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THE buying surged while the selling among directors remained low, based on filings on Singapore Exchange in the second week of December. Buyers outnumbered sellers with 18 companies that recorded 37 purchases worth $18.78 million versus a paltry three firms with four disposals worth $0.046 million. The buy figures were up sharply from the previous week's 11 companies, 27 purchases and $3.35 million. Sales, on the other hand, were consistent with the previous week's low totals of three firms, six disposals and $0.62 million.

Meanwhile, the buyback activity was high for the fourth straight week with 11 firms that posted 40 repurchases worth $26.3 million. The number of comp…

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