Mutual funds buy more Singapore stocks

GLOBAL mutual funds bought more Singapore shares than they sold in the three months to June 24. In the period, there were net buys of S$1.3 billion based on the top five stocks, and net sells of S$896.2 million.

This week we look into the Reits segment. Here, buys of S$212.7 million also outweighed sells of S$87.4 million. The top stock among the buys was Capitaland Mall Trust with a volume of S$73.9 million. The top stock among the sells was Suntec Real Estate Investment Trust with a volume of S$29.6 million.

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