In today’s briefing:
- Retail investors net buy S$1 billion of Singapore stocks in early 2024
Retail investors net buy S$1 billion of Singapore stocks in early 2024
- THE net institutional fund flows for the first six weeks of 2024 showed a similar trend as the same period in 2023, with net withdrawals of S$463 million.
- The net institutional fund flows indicate the direction and level of institutional investor activity across all stocks in the Singapore market.
- As many as 18 of the 20 stocks that booked the highest net retail inflow relative to market capitalisation also booked declines in total return, while Pacific Radiance and Asia Enterprises Holding were the exceptions, booking respective total returns of 7.2 per cent and 9.1 per cent over the six weeks.