More selling than buying of S'pore stocks by global funds
GLOBAL mutual funds continued to sell more Singapore stocks than they bought in the three months to July 15.
Based on the top five stocks, there were net sells of S$841.7 million, compared to net buys of S$667.1 million.
This week, we look at the segment of industrials stocks excluding transportation. Here, there were net sells of S$100.4 million based on the top five stocks, compared to net buys of S$50.5 million.