Sells outpace buys in Singapore stocks

GLOBAL mutual funds continued to sell more Singapore stocks than they bought in the three months to Sept 9. Based on transactions in the top five stocks, net sells came to a total of S$1.18 billion, compared to net buys of S$851.6 million.

The top stock among the sells was United Overseas Bank with a volume of S$339.6 million. This was followed by Keppel Corp with a volume of S$144.7 million. The top stock among the buys was DBS Group Holdings with a volume of S$154.3 million, followed by Comfortdelgro Corp with S$133.2 million.

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