Directors buy more of their own shares as selling drops

Buying of their own company's shares by directors rose last week and selling fell sharply, based on filings made with the stock exchange for the third week of October. A total of 32 companies reported 118 insider purchases worth HK$69.9 million, versus 12 companies that reported 53 disposals worth HK$36.6 million.

The buys were up from the previous week's 28 companies that reported 107 purchases worth HK$32.5 million, and sales were down from the previous week's 15 companies that reported 90 disposals valued at HK$65.8 million.

via Business feed http://www.scmp.com/business/article/1066808/directors-buy-more-their-own-shares-selling-drops