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DBS pullback leaves STI weaker

DBS cuts 8.7 points off index as it falls S$0.38, trading ex-dividend at S$20.45; OCBC dips but UOB ends firmer
Friday, May 5, 2017 - 05:50

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THE three banks have virtually single-handedly driven the Straits Times Index up about 62 points or 2 per cent on Tuesday and Wednesday, so it comes as no surprise that two of them eased on Thursday. DBS's pullback as it went ex-dividend was largely responsible for a 9.19-point drop to 3,228,62

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