Sell-versus-buy gap narrows on fund action

GLOBAL mutual funds continued to sell more Singapore stocks than they bought, but the gap has narrowed in the three months to Dec 2.

This week we focus on all the stocks listed on Singapore Exchange. Based on the top five stocks transacted, net sells came to S$1.19 billion, surpassing net buys of S$1.08 billion.

The top stock among the sells was DBS Group Holdings with a volume of S$378.3 million. The top stock among the buys was Fortune Real Estate Investment Trust with a volume of S$217.9 million.