Singapore
SHARES of StarHub and Singtel tumbled on Friday, a day after both telcos reported profit declines that missed consensus estimates in their latest financial results.
StarHub touched a low of S$1.66 at several points throughout the session, eventually closing at S$1.67 after it lost 12.1 per cent or 23 Singapore cents on volume of 20.6 million.
Singtel fared slightly better to end at S$2.99, just above the day's low of S$2.98. It lost 4 Singapore cents or 1.32 per cent with 22.2 million shares changing hands.
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