INSTITUTIONS were net buyers of Singapore stocks over the fo...
INSTITUTIONS were net buyers of Singapore stocks over the four trading sessions through to May 2, with S$12.9 million of net institutional inflow, as 17 primary-listed companies conducted buybacks with a total consideration of S$28.4 million.
$CapitaLandInvest (9CI.SG)$ led the buyback consideration tally, buying back 6,860,200 shares at an average price of S$2.60 per share. In its Q1 FY2024 business update released on Apr 26, the company maintained its focus on positioning for future sustainable growth. This involves accelerating capital recycling and capital allocation, scaling up growth areas and capturing geographic tailwinds and opportunities.
Leading the net institutional inflow over the four sessions were $DBS Group Holdings (D05.SG)$ , $UOB (U11.SG)$ , $Seatrium (S51.SG)$ , $CityDev (C09.SG)$ , $UOL (U14.SG)$ , $IFAST (AIY.SG)$ , $ST Engineering (S63.SG)$ , $SGX (S68.SG)$ , $Cortina (C41.SG)$ , $CapLand IntCom T (C38U.SG)$ and $HongkongLand USD (H78.SG)$ .
Meanwhile, $CapLand Ascendas REIT (A17U.SG)$ , $Genting Sing (G13.SG)$ , $SIA (C6L.SG)$ , $JMH USD (J36.SG)$ , $FRASERS LOGISTICS & COM TRUST (BUOU.SG)$ , $Keppel (BN4.SG)$ , $OCBC Bank (O39.SG)$ , $YZJ Shipbldg SGD (BS6.SG)$ , $Venture (V03.SG)$ and $Mapletree PanAsia Com Tr (N2IU.SG)$ led the net institutional outflow over the four sessions.
For the month of April, Singapore stocks booked S$225 million of net institutional inflow, following S$1.15 billion of net institutional outflow in Q1.
The four trading sessions saw more than 100 changes to director interests and substantial shareholdings filed for more than 50 primary-listed stocks. Directors or CEOs filed 19 acquisitions, and one disposal, while substantial shareholders filed three acquisitions and two disposals.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
