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Singtel slide drags STI down
Telco sheds S$0.11 (2.93%) to S$3.64 on a turnover of 30m shares
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Published Mon, Dec 18, 2017 · 09:50 PM
IT WAS a rough day for local equities, with the benchmark Straits Times Index ending lower for the third straight day. It declined by 2.12 points, or 0.06 per cent, to 3,414.82.
The index was weighed down by constituent stock Singtel, which shed S$0.11, or 2.93 per cent, to S$3.64 on a turnover of 30 million shares.
Monday was the telco's ex-dividend date; it will pay out 9.8 Singapore cents a share, inclusive of a special divdend, on Jan 10, 2018.
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