Sell-versus-buy gap narrows on fund action

Published Tue, Dec 8, 2015 · 09:50 PM

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.

DBS fortune reit

TRENDING NOW

Traffic through the strait has been resuming but with interruptions, and there is still little clarity over a permanent solution for passages through the chokepoint.

Qatari LNG ship struck in Strait of Hormuz, testing US talks

This comes after a Citi note on Tuesday that lifted target prices for all Singapore banks, with a leading preference and “buy” call for DBS.

DBS shares rise 1.9% to hit all-time intraday high as sentiment improves

Aster deputy CEO Andre Khor, citing the age of the “polycrisis”, says: “It’s very important to be agile, to be focused on execution… We don’t know all the answers but we keep going forward.”

‘Baptism of fire’: Andre Khor on leading Singapore refiner Aster through an energy crisis

Singapore ranks as the world’s most expensive city for cars and placed third globally for residential property.

Singapore retains top spot as most expensive city for HNWIs, with five Apac cities in global top 10

Latest T-bills Treasury Bills Results & Interest News Latest SSB Singapore Savings Bonds News Latest COE Certificate of Entitlement News

Latest Johor-Singapore SEZ News Latest BTO Build To Order & Sales of Balance News Latest STI Straits Times Index News Latest SGX Dividends, Share Price News Latest Bonds Market News Latest Singapore Stocks To Buy News Latest Singapore Economy News