ST Index firms; China Everbright increases stake in Ying Li
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THE five trading sessions spanning Jan 19 to 25 saw the Straits Times Index (STI) add 1.5 per cent. The regional outperformance brought its 2018 return through to Jan 25 to 5.0 per cent, compared to an average 4.1 per cent return for the benchmarks of Japan, Hong Kong and Australia.
There were five stocks that conducted share buybacks over the past five sessions, with a total consideration of S$2.9 million. This is higher than the total consideration of S$1.4 million in the preceding five sessions.
Financial services technology provider Silverlake Axis again led the buyback value tally during the week with S$2.7 million, up from the previous week's buyback consideration of S$580,000.
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