Sharp falls in buy value, disposals

THE buying was high for the second straight week while the selling among directors plunged, according to Oct 21-25 filings on Singapore Exchange. A total of 17 companies recorded 35 purchases worth $4.25 million versus a paltry two firms with 15 disposals worth $5.24 million. The number of companies and trades on the buying side were up from the previous week's four-day totals of 11 firms and 27 acquisitions. The buy value, however, was sharply down from the previous week's purchases worth $6.8 million. On the selling side, the sales figures were down from the previous week's five companies, 17 disposals and $12.7 million.

While the buying by directors was high last week, the buyback activity among listed firms fell with only five firms posting 17 repurchases worth $1.57 million. The figures were near the previous …