Funds sell more Singapore stocks than they buy
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GLOBAL mutual funds continued to sell more Singapore stocks than they bought in the three months to May 18.
Based on the top five most traded stocks, there were S$1.29 billion worth of net sells compared to S$613.2 million of net buys.
The top stock among the sells was DBS Group Holdings with a volume of S$208.2 million. This was followed by UOB with a volume of S$206.1 million.
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