Global mutual funds buy more of S'pore stocks
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GLOBAL mutual funds bought more Singapore stocks then they sold in the 12 weeks to June 3. Based on the top five stocks, there were net purchases worth S$1.16 billion compared to net sells of S$945.1 million.
This week we look into the technology and healthcare sector. Here, there were net buys of S$156.9 million, based on the top five stocks, and net sells of S$53.7 million. The top stock among the buys was SingTel with a volume of S$118.4 million. The top stock among the sells was M1 Ltd with a volume of S$30.2 million.
For more data go to www.shareinvestor.com/mutualfundspicks.html
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