Net buys of Singapore stocks outstrip net sells
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GLOBAL mutual funds bought more Singapore shares than they sold in the three months to May 13. Based on transactions in the top five stocks, there were S$1.47 billion worth of net buys, compared to net sells of S$1.29 billion.
This week, we look into the consumer goods sector. Here, net sells outnumbered buys, based on the top five stocks. There were S$85.6 million worth of sells compared to buys of S$49.8 million. The top stock among the sells was Golden Agri Resources, with a volume of S$67.4 million. The top stock among the buys was Thai Beverage Public Co with a volume of S$19.7 million.
For more data, please go to www.shareinvestor.com/mutualfundspicks.html
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