Financial services and telecommunications booked the most net institutional inflow for the week of Nov 7 to 13

 

[SINGAPORE] Over the five trading sessions from Nov 7 to 13, institutions were net buyers of Singapore stocks, with net institutional inflow of S$236 million, reversing the previous week&rsquo s net outflow of S$96 million.  

 

Institutional flows

Stocks that had the highest net institutional inflow over the five sessions were   OCBC   : O39 -0.75%,   Singtel   : Z74 +0.62%,   Genting Singapore   : G13 0%,   UOL   : U14 -0.34%,   Yangzijiang Shipbuilding   : BS6 -0.86%,   Sembcorp Industries   : U96 -1.08%,   Jardine Matheson Holdings   : J36 -0.72%,   Wilmar International   : F34 -0.89%,   Sheng Siong   : OV8 -0.74%, and   Keppel Reit   : AJBU -0.84%. 

 

Meanwhile,   DBS   : D05 -0.41%,   UOB   : U11 -0.29%,   Mapletree Industrial Trust   : ME8U 0%,   Singapore Technology Engineering   : S63 -2.19%,   UMS Integration   : 558 -2.07%,   Yangzijiang Financial Holding   : YF8 -0.96%,   ParkwayLife Reit   : C2PU -0.25%,   iFast   : AIY -0.98%,   City Developments   : C09 -1.08%, and   CapitaLand Investment   : 9CI -1.84% led the net institutional outflow over the five sessions. 

 

Financial services and telecommunications booked the most net institutional inflow for the week, while Reits and the technology sector led the net institutional outflow.

 

Share buybacks

For the five sessions, 11 primary-listed companies conducted buybacks with a total consideration of S$56.5 million. UOB again led the consideration tally, buying back 1,071,900 of its shares at an average price of S$33.95.

 

Director transactions

Over the five sessions, 60 director interests and substantial shareholdings were filed. Across close to 50 primary-listed stocks, directors or CEOs reported six acquisitions and seven disposals, while substantial shareholders recorded four acquisitions and four disposals.

 

Fuxing China

On Nov 12,   Fuxing China Group   : AWK 0% announced it had completed its placement of three million new shares at S$0.415 each, raising S$1.245 million. It intends to use the placement proceeds to invest in research and development, and upgrade its intelligent manufacturing equipment and assembly line. The placement also aims to broaden the shareholder base and improve trading liquidity. 

 

In order to navigate the global macroeconomic environment as it heads into 2026, the group will focus on expanding its customer base as it manages expenses and receivables tightly, and maintains healthy working capital, supported by proceeds from a subsidiary disposal completed on Aug 14.

 

Wing Tai Holdings

  Wing Tai Holdings   : W05 -1.38% chairman and managing director Cheng Wai Keung continued to build his deemed interest in the company, through his spouse Helen Chow&rsquo s acquisition of shares. From Nov 7 to 13, Cheng increased his deemed interest in the real estate developer and lifestyle retailer by 360,000 shares. He holds a 62.19 per cent total interest in the company, up from 61.64 per cent at the end of 2024. 

 

 

 

 

 

CapitaLand China Trust

On Nov 6,   CapitaLand China Trust   : AU8U -1.24% non-executive independent director Chua Keng Kim acquired 50,000 units at an average price of S$0.79 each. This followed Chua buying 500,000 units at S$0.79 between Oct 30 and Nov 5, and takes his total interest to 0.03 per cent. 

 

CapitaLand China Trust has been actively engaging investors this month. The Reit highlights that its portfolio is highly diversified across retail, business parks and logistics parks, with the top 10 tenants accounting for less than 9 per cent of total rental income &ndash effectively reducing concentration risk. 

 

Lease expiry profiles and tenant retention rates also remain stable, as the retail, business park and logistics park segments maintained respective weighted average lease expiries by net lettable area at 3.5, 1.9, and 2.9 years, alongside strong renewal rates.

 

Additionally, these assets are strategically located across major Chinese cities, supported by high committed occupancy levels and robust valuations, which together reinforce the portfolio&rsquo s overall resilience.

 

Audience Analytics

Between Nov 6 and 7,   Audience Analytics   : 1AZ +4% chairman and managing director William Ng acquired 201,100 shares, increasing his total interest from 83.71 per cent to 83.8 per cent. Since Aug 26, he has increased his interest in the Catalist-listed stock from 83.58 per cent. 

 

Audience Analytics noted in August that although revenue declined in H1 FY25 (ended Jun 30), the period is typically weaker, and the group expects stronger performance in H2 FY25 with major events scheduled. During its H1 FY25, the group launched the Vietnam Career and Training Fair, and invested in Snowball JSC and VeecoTech to strengthen regional presence and digital capabilities. 

 

Despite geopolitical uncertainties and tariff disputes, it remains focused on organic and inorganic growth, leveraging its strong brands to buffer against disruptions.

 

UOB

On Nov 6, UOB deputy chairman and CEO Wee Ee Cheong acquired 150,000 shares at an average price of S$33.76 per share. This raised his direct interest to 0.37 per cent, and total interest from 10.85 per cent to 10.86 per cent. 

 

His previous acquisition on the open market was on May 7 with 100,000 shares acquired at an average price of S$34.48 per share. 

 

The acquisition on Nov 6 followed the group&rsquo s release of its Q3 FY25 (ended Sep 30) business update, where it posted an operating profit of S$1.9 billion amid continued franchise growth. 

 

Wee highlighted that the group had proactively set aside general allowances to strengthen provision coverage, leveraging its robust capital base for resilience and flexibility. He added this was to ensure that the group can support customers, seize growth opportunities, and maintain share buybacks and dividend commitments without impacting this year&rsquo s final dividend.

 

PSC Corporation

On Nov 7, executive chairman Sam Goi Seng Hui acquired 150,200 shares at S$0.39 apiece. This increased his direct interest from 82.94 per cent to 82.96 per cent. On Sep 11, the mandatory conditional cash offer by UOB-Kay Hian, on behalf of Dr Goi, for all   PSC Corporation   : DM0 -2.53% shares closed with 39.56 per cent valid acceptances, bringing his aggregate holdings to 82.94 per cent. 

 

Supported by a robust balance sheet and positive net cash position, PSC said that it is leveraging its established brand portfolio while actively pursuing new opportunities for sustainable growth. It noted that in H1 FY25, the consumer goods segment faced intense competition from global brands and retailer house brands, compounded by rising costs and geopolitical tensions. 

 

To remain resilient, the group plans to invest in marketing, broaden its product range and implement cost controls, while the packaging business focuses on managing credit exposure and enhancing efficiency amid excess capacity and price pressures.

 

CapitaLand India Trust

On Nov 7, Aberdeen Group increased its deemed interest in   CapitaLand India Trust   : CY6U -0.84% (Clint) from 6.96 per cent to 7.05 per cent. The 1.2 million units were acquired at S$1.22 apiece. This followed Aberdeen Group emerging as a substantial shareholder and subsequently crossing the 6 per cent threshold in July.  

 

On Oct 31, Clint provided a Q3 FY25 (ended Sep 30) business update detailing that Q3 FY25 total property income and net property income each rose 10 per cent from Q3 FY24, driven by higher contributions from existing assets and new developments. Portfolio occupancy remained stable with committed occupancy of 91 per cent as at Oct 31. 

 

Jumbo Group

On Nov 11, Kuang Ming Investments increased its substantial shareholding of   Jumbo Group   : 42R 0% above the 11 per cent threshold from 10.95 per cent to 11.01 per cent. This followed Kuang Ming Investments increasing its substantial shareholding above the 10 per cent threshold on Sep 16.

 

During the prior session, Nov 10, Jumbo Group issued a profit guidance, detailing that it expects a significantly lower net profit for FY25 compared to FY24, mainly due to increased operating expenses including higher amortisation costs from new leases, with unaudited results to be announced by Nov 29.