In today’s briefing:
- Institutions & Individual Investors Net Buyers of Singapore Stocks in August
Institutions & Individual Investors Net Buyers of Singapore Stocks in August
- For the first three weeks of August, the STI declined 6.5% in-line with the FTSE China A50 Index losing 6.6%, before the STI retraced 2.5% of those losses to finish the month down 4.2%.
- Singapore stocks booked net institutional inflows of S$408 million and net retail inflows of S$600 million over the month.
- As tabled above, Singapore Telecommunications (Singtel) booked S$163 million of net retail inflows in August, taking the accumulated net retail inflows for the first eight months of 2023 to S$201 million.
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