Retail are net buyers of stocks: bourse

Net retail inflows totalled $334m.

Over 50 stocks booked the most net retail inflows over the past six sessions as retail have been net buyers of these firms, Singapore Exchange (SGX) said.

In a report, SGX revealed that net retail inflows totalled $334m. This brought total net retail inflows for the first 11 weeks of the current year to $932m.

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Amongst the top buyers are banks, DBS, OCBC, and UOB. Per sector, financial services, industrials, and real estate booked the highest net retail inflows.

“Among the 100 most traded stocks over the past 11 weeks, the 10 stocks that booked the highest net retail inflows over the six sessions, proportionate to their stock market capitalisation, included Geo Energy Resources, Digital Core REIT, Yangzijiang Shipbuilding (Holdings), Dyna-Mac Holdings, Halcyon Agri Corporation, Prime US REIT, The Place Holdings, Suntec REIT, City Developments and Jiutian Chemical,” read the statement.