For the five sessions through to the June 11 close, 26 primary-listed companies conducted buybacks with a total consideration of S$170 million. Singapore Telecommunications again led the buyback tally, with 27.1 million shares at an average price of S$4.26, all purchased under the S$2 billion value realisation share buy-back programme. With a similar pace to the previous week, with around 90 director interests and substantial shareholdings filed across more than 40 primary-listed stocks over the five sessions. Directors or CEOs reported 28 acquisitions and seven disposals, while substantial shareholders recorded seven acquisitions and two disposals. 1. $EFH Ltd(8YY.SI)$ On 8 June, Embracing Future Holdings (EFH) Executive Director an
STI Weakens, but Select Stocks See Strong Institutional Accumulation
Between last Friday’s $Straits Times Index(STI.SI)$ close and Monday’s open, global conditions turned notably tighter, with the US Dollar Index moving back above 100 for the first time in two months, 10-year US Treasury yields rising about 10 basis points, Brent crude up around US$2 per barrel, and $E-mini Nasdaq 100 - main 2606(NQmain)$ futures down about 3.3%, reinforcing a more cautious and selective tone at the start of the week. The STI declined 1.7%, with the iEdge Singapore Next 50 Index down 1.0% and the iEdge S-REIT Index lower by 0.7%, with institutions overall net sellers and retail net buyers. However, flows were not broad-based, with activity becoming more selective across sectors. The
Over the four sessions through to the June 4 close, 22 primary-listed companies conducted buybacks with a total consideration of S$97 million. Singapore Telecommunications again led the buyback tally, with 13.3 million shares at an average price of S$4.33, purchased under the S$2 billion value realisation share buy-back programme Over the five sessions, more than 80 director interests and substantial shareholdings were filed for over 40 primary-listed stocks. Directors or CEOs reported 17 acquisitions and four disposals, while substantial shareholders recorded seven acquisitions and three disposals. 1. $Ho Bee Land(H13.SI)$ Across 28 and 29 May, Ho Bee Holdings acquired a combined 334,700 shares for total consideration of S$702,358, implying an