Reits buck the trend with more buys than sells
GLOBAL mutual funds continued to sell more Singapore stocks than they bought in the three months to Dec 9.
Based on transactions of the top five stocks, net sells came to S$1.39 billion compared to net buys of S$942.3 million.
This week we look at the segment of real estate investment trusts. Here, net buys of S$351.1 million oupaced net sells of S$218 million.
The top stock among the buys was Fortune Real Estate Investment Trust with a volume of S$234.5 million. The top stock among the sells was Mapletree Commercial Trust with a volume of S$57.3 million.
For more data on the above, go to: www.shareinvestor.com/mutualfundspicks.html
The data is provided by ShareInvestor and Ipreo, a leading provider of market intelligence, investor data and workflow solutions. The information is not necessarily the total picture of trading as many alternative investors, institutional money managers and sovereign wealth funds may be trading as well in the period but are not disclosing their trades. Mutual fund transactions allow for analysis and clarity on a timely basis that can identify where fund managers are focusing their attention.
