Global mutual funds buy more of S'pore stocks

GLOBAL mutual funds bought more Singapore stocks then they sold in the 12 weeks to June 3. Based on the top five stocks, there were net purchases worth S$1.16 billion compared to net sells of S$945.1 million.

This week we look into the technology and healthcare sector. Here, there were net buys of S$156.9 million, based on the top five stocks, and net sells of S$53.7 million. The top stock among the buys was SingTel with a volume of S$118.4 million. The top stock among the sells was M1 Ltd with a volume of S$30.2 million.

For more data go to www.shareinvestor.com/mutualfundspicks.html