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.
TRENDING NOW
Jumbo Seafood to close flagship East Coast Seafood Centre outlet on Sep 30
Shanda co-founder sells Tanglin Hill bungalow for S$76 million
Johor property old hand KSL readies family handover amid market boom
Yeo’s, Tiger Beer and now Gardenia – flight of food manufacturing from Singapore might be just as planned