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Sharp rise in director purchases

THE first full week of 2014 saw more buying by directors, with 14 companies recording 35 purchases worth $8.76 million - up sharply from the previous week's four-day totals of nine firms and 17 purchases valued at $1.38 million, based on Jan 6-10 filings on Singapore Exchange. Selling was low with just two companies makingthree disposals worth $2.48 million, near the previous week's two firms and four disposals. The sell value, although low, was up sharply from the previous week's sales worth $560,000.

Besides director trades, buyback activity among listed firms was high with 11 companies posting 21 repurchases - not far off from the previous week's 11 firms and 20 repurchases - worth $3.94 million....

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