Stock purchases outshine sales

GLOBAL mutual funds were net buyers of Singapore stocks in the three months to Nov 5. The top five stocks saw net buys of about S$1.88 billion on an aggregate basis, compared with net sales of S$719.5 million for the top five stocks on the sell list.

This week, we look at finance sector stocks excluding Reits. There was S$716.1 million in net purchases of the top five stocks, compared with S$101.2 million of net sales. The top stock in terms of value was DBS with net buys of S$291.9 million. The top stock among the sales was Mapletree Industrial Trust, which saw a sell value of S$51.2 million.

For more data, please access: http://www.shareinvestor.com/mutualfundspicks.html.