Global funds buy more Singapore stocks
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GLOBAL mutual funds bought more Singapore stocks than they sold in the three months to May 20. Based on the top five stocks transacted, there were S$2.13 billion of net buys, compared to net sells of S$1.12 billion.
This week we look into the segment of consumer services stocks. Here there were net buys of S$174.9 million, and net sells of S$172.1 million, based on the top five stocks.
The top stock among the buys was Singapore Airlines, with a volume of S$77.8 million. The top stock among the sells was Noble Group with a volume of S$93.1 million.
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