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Heavy acquisitions by directors as share prices head South

com.sg » 2008 » October » 12th » Heavy acquisitions by directors as share prices head South

Tagged: companies and markets

THE worsening global credit crisis, coupled with recessionary pressures, pushed the Straits Times Index down by a further 15.2 per cent last week to a 12-month low of 1,948.33 points on Friday. The steep market fall prompted another heavy round of buying by directors with 64 firms that recorded 150 purchases worth $17.8 million - as shown by filings on the Singapore Exchange from Oct 6 to 10 … Continue Reading »

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