Buys outpace sells in Reits

GLOBAL mutual funds were net buyers of Singapore stocks in the three months to April 1, albeit on relatively low volume. Based on transactions in the top five stocks, there were net buys worth S$633 million, compared to net sells of S$480 million.

This week, we look at the Reits sector where buys also outweighed sells. There were net buys of S$109.1 million based on the top five stocks, and net sells of S$52 million. The top stock among the buys was Ascendas Reit with a volume of S$39.7 million. The top sell was CapitaCommercial Trust with a volume of S$24.7 million.

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