Hot stock: Singtel hits three-month low in aftermath of Optus cyberattack 

SHARES of Singtel touched their lowest point in three months on Wednesday (Oct 5) as its Australian subsidiary Optus continues to grapple with the impact of a cyberattack it faced in late September. 

As at 1.28 pm after the midday break, the telecommunications giant was down S$0.06 or 2.3 per cent at S$2.55. The last time the counter traded at this level was on Jul 5. 

It later recovered slightly to S$2.56 by 1.44 pm, representing a S$0.05 or 1.9 per cent decline amid heavy trading with some 23.3 million securities transacted. This made Singtel the second-most active index counter by volume at the time after Yangzijiang Shipbuilding, which saw about 33.6 million of its shares move as at 1.44 pm.