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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

DBS on Tuesday announced the launch of DBS Electricity Marketplace to allow select households in Jurong to switch seamlessly between energy retailers.

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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