21 June Thoughts

STI started in the RED slightly and now in the green towards the noon.

Volumes looks weak.

Looking at the last week trades. Big Funds are selling off again. Retails are lapping up.  This is a real concern as we approach the final week of the quarter.  Funds have been dumping shares since two months ago.

Week of 15 Jun 2020
Institutional investors net sell (-S$632.9m) vs. (-S$120.3m) a week ago
Retail investors net buy (+S$561.8m) vs. (+S$474.2m) a week ago
Top 10 Institution Net Buy (+) Stocks (S$M)Stock CodeWeek of 15 JunTop 10 Institution Net Sell (-) Stocks (S$M)Stock CodeWeek of 15 Jun
Venture CorporationV0337.1UOBU11(137.0)
Ascott Residence TrustHMN24.6DBSD05(121.7)
Lendlease Global Commercial REITJYEU8.2SingtelZ74(65.0)
Mapletree Industrial TrustME8U7.9CapitaLandC31(58.0)
Keppel DC REITAJBU7.2SIAC6L(52.7)
Mapletree Logistics TrustM44U3.7OCBCO39(25.7)
Keppel CorporationBN43.6Wilmar InternationalF34(19.0)
Perennial Real Estate40S3.2Suntec REITT82U(18.0)
Thai BeverageY923.1SATSS58(17.5)
SPH REITSK6U1.9ST EngineeringS63(15.7)
Top 10 Retail Net Buy (+) Stocks (S$M)Stock CodeWeek of 15 JunTop 10 Retail Net Sell (-) Stocks (S$M)Stock CodeWeek of 15 Jun
UOBU11122.0Venture CorporationV03(26.5)
DBSD05102.2Keppel DC REITAJBU(6.0)
SingtelZ7467.9Mapletree Logistics TrustM44U(4.9)
SIAC6L54.8Lendlease Global Commercial REITJYEU(4.4)
CapitaLandC3138.8Perennial Real Estate40S(4.3)
OCBCO3935.8Sheng Siong GroupOV8(3.5)
SATSS5821.4Ascott Residence TrustHMN(3.5)
Suntec REITT82U12.1JapfaUD2(2.9)
ComfortDelGroC5211.1Mapletree Industrial TrustME8U(2.7)
CapitaLand Mall TrustC38U10.6Thai BeverageY92(1.6)



It is almost a reflection of a merry go round between the retails and the big boys.

I think most selling from big boys have is over. It will be weak till next quarter.

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