Net retail buying surpasses $1.24b amidst market volatility
STI Banks led the net retail inflow over the first eight trading sessions of April.
Retail investors bought $1.24b of Singapore stocks over April's first eight trading sessions amidst a 9.6% decline in the Straits Times Index total return.
STI Banks led the net retail inflow over the eight sessions, averaging 12.3% declines in total return. Outside the STI, iFAST Corporation, Keppel DC REIT, UMS Integration, Singapore Post, and Suntec REIT recorded the most net retail inflow.
By sector, the net retail inflow was led by Banks, Industrials, Technology, Consumer Cyclicals, and REITs.
Meanwhile, the Telecommunications Sector led the net retail outflow, led by Singtel.