Slow new-year start for director trades

IT was a slow start for directors in the new year with only nine companies that recorded 16 purchases worth S$1.51 million versus two firms with three disposals worth S$0.69 million for the holiday-shortened week of Jan 3 to Jan 6. The number of purchases was unchanged but the number of firms and buy value were down from the previous week's 11 companies and S$1.94 million. On the selling side, the number of firms was unchanged but the number of trades and sell value were sharply down from the previous week's six disposals worth S$5.45 million.

Aside from directors, the buyback activity was low in the first week of the new year with onl…