Singapore investors resume buying on Wall Street in Q4

Singapore

AFTER three straight quarters of dumping US stocks, Singapore-based investors were back buying on Wall Street in the quarter which wrapped up 2015.

Conversely, US investors shifted to selling stocks listed on the Singapore Exchange following three consecutive quarters of accumulation, the latest figures released by the US Treasury Department show.

Snapping up a net US$1.46 billion in US equities in the fourth quarter of last year, Singapore-based investors broke off from the "sell" mode that global investors adopted in the US stock market throughout the four quarters of 2015. The latter liquidated a net US$47.24 billion of US stocks after disposi…