Singapore Telecommunications’ (SGX: Z74) share price fell 1.6% at the start of the week
The telco was not the only stock that saw losses, with the Straits Times Index also in the red
The global stock market started the week on a bearish note as the number of Covid-19 cases soared
Nevertheless, analysts from Maybank are favouring a 17.6% on the stock, citing its ‘deep value’
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Singtel share price: the latest
Singtel shares are down this week, mirroring the stock market’s sluggishness amidst a rising number of Covid-19 cases globally.