Institutional Flows
Over the five trading sessions from Jan 31 to Feb 6, institutions were net sellers of Singapore stocks, leading to a net institutional outflow of S$169 million. This brings the net outflow for the 2025 year to Feb 6 to S$697 million.
Stocks that Led the Net Institutional Outflow
The stocks that led the net institutional outflow over the five sessions included Seatrium, DBS, Mapletree Industrial Trust, Sats, OCBC, UOB, Venture Corporation, Keppel Reit, Jardine Matheson, and Keppel.
Stocks that Led the Net Institutional Inflow
Meanwhile, stocks that led the net institutional inflow included Singtel, Wilmar International, Singapore Exchange, Hongkong Land Holdings, Japfa, Singapore Airlines, Genting Singapore, Keppel DC Reit, Yangzijiang Financial Holding, and Rex International Holding.
Real Estate Investment Trusts (REITs) and Industrials
Consequently, during the period, REITs and industrials experienced the highest net institutional outflow, while telecommunications and consumer non-cyclicals saw the most net institutional inflow.
Share Buybacks
During the five sessions, just a handful of primary-listed companies conducted buybacks with a total consideration of S$130,882. The seasonal decline in buyback filings is due to the heavy schedule for the release of FY24 financial statements in February. As best practice, companies should refrain from buying back their shares during the one month immediately before the full-year financial statements, and two weeks immediately before quarterly financial statements.
Director Transactions
More than 50 director interests and substantial shareholdings changes were filed for 30 primary-listed stocks during the five trading sessions. Directors or CEOs filed 14 acquisitions and no disposals, while substantial shareholders filed five acquisitions and five disposals.
CapitaLand Ascott Trust
CapitaLand Ascott Trust (CLAS) is a stapled group consisting of CapitaLand Ascott Real Estate Investment Trust and CapitaLand Ascott Business Trust. CLAS is the largest lodging trust in Asia-Pacific with an asset value of S$8.8 billion as at Dec 31. It is managed by CapitaLand Ascott Trust Management and CapitaLand Ascott Business Trust Management (the CLAS managers), both of which are wholly owned subsidiaries of CapitaLand Investment.
Chairman and CEO Increase Direct Interest
On Feb 3, both the chairman and CEO of the CLAS managers increased their direct interest in the stapled trust. Chairman and non-executive independent director Lui Chong Chee acquired one million stapled securities at an average price of S$0.893 per unit, increasing his direct interest from 0.03 per cent to 0.05 per cent. On the same day, CEO and executive non-independent director Serena Teo purchased 500,000 stapled securities at S$0.895 per unit, increasing her direct interest from 0.01 per cent to 0.02 per cent.
CLAS Reports Strong FY24 Performance
On Jan 27, CLAS reported that its H2 FY24 (ended Dec 31) gross profit increased 8 per cent from H2 FY23. The company emphasized CLAS’ commitment to delivering stable distributions to stapled security holders. He also highlighted that the strong performance in FY24 was driven by active portfolio reconstitution, operational maximization, and asset enhancements.
CLT: A Data Center Real Estate Investment Trust
CLT is a data center real estate investment trust. On Jan 15, CLT signed a long-term agreement with a leading global hyperscaler for one of CLT’s data centers under development. Khiatani emphasized India’s importance as a core market for CapitaLand Investment (CLI), highlighting strong growth potential in data centers.
MLT: A Logistics Real Estate Investment Trust
Mapletree Logistics Trust (MLT) is managed by Mapletree Logistics Trust Management (MLTM), a wholly owned subsidiary of Mapletree Investments. MLT invests in a diversified portfolio of quality logistics real estate in Singapore, Australia, China, Hong Kong, India, Japan, Malaysia, South Korea, and Vietnam.
MLT Reports Q3 FY24/25 Results
On Jan 21, MLT reported Q3 FY24/25 (ended Dec 31) distributable income of S$101.3 million and DPU of 2.003 Singapore cents, which was down 9.7 per cent and 11.1 per cent from Q3 FY23/24.
Conclusion
In conclusion, the article highlights the institutional flows and director transactions in the Singapore stock market, as well as the performance of various REITs.
Frequently Asked Questions
- What is the net institutional outflow in the Singapore stock market?
The net institutional outflow is S$169 million. - Which stocks led the net institutional outflow?
The stocks that led the net institutional outflow included Seatrium, DBS, Mapletree Industrial Trust, Sats, OCBC, UOB, Venture Corporation, Keppel Reit, Jardine Matheson, and Keppel. - Which REITs and industrials experienced the highest net institutional outflow?
REITs and industrials experienced the highest net institutional outflow. - What is the net institutional inflow in the Singapore stock market?
The net institutional inflow is not specified in the article. - Who are the directors or CEOs that filed acquisitions and disposals?
Directors or CEOs filed 14 acquisitions and no disposals, while substantial shareholders filed five acquisitions and five disposals.
