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Jun 25 at 01:53 AM
$Singtel(Z74.SG)Singtel continued its rebound today near the session high as buying interest remained resilient throughout the trading day.
Positive performance reflects growing investor confidence in the group's capital recycling strategy, supported by its recent asset divestment and ongoing share buyback programme.
Technical momentum has strengthened after key support levels held firm with buyers maintaining the upper hand.
Fundamentally Singtel remains underpinned by resilient associate earnings, expanding digital infrastructure assets and disciplined capital management initiatives.
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