More buys than sells in Singapore stocks

GLOBAL mutual funds were net buyers of Singapore shares in the three months to Dec 31. In terms of the top five stocks transacted, funds bought S$639.4 million worth of shares compared to net sales of S$605.4 million.

Among the buys, the top stock was OCBC with net buys of S$129.7 million. The top stock among the sells was SingTel with net sells of S$98.6 million. For more data please go to http://www.shareinvestor.com//mutualfundspicks.html.

The data is provided by ShareInvestor and Ipreo, a leading provider of market intelligence, investor data and workflow solutions. The information is not necessarily the total picture of trading as many alternative investors, institutional money managers and sovereign wealth funds may be trading as well in the period but not disclosing their trades. Mutual fund transactions allow for analysis and clarity on a timely basis that can identify where fund managers are focusing their attention.