Singtel share price hit 8-year high!
Lifetime Membership It’s the return of the king! On 12 June 2025, Singtel share price stormed to 8-year high as the counter crossed the $4.00. Year-to-date, Singtel share price surged by a mighty 24%, making it one of the best STI performers. The robust performance of Singtel share price is certainly impressive given that the market is in sluggish form against the backdrop of US trade tariffs and persistent high interest rate environment.
The supersonic form of Singtel share price in 2025 should be attributed to the turnaround of its financial performance. The recent sale of 1.2% of its direct stake in regional associate Airtel for $2.0 billion also played a part in the bullish form of Singtel share price.
However, conventional wisdom indicates that what goes up must come down. In this context, question now is whether Singtel share price can sustain its bullish form for the rest of 2025?
Currently, Singtel is entering its season of final dividend payout. Based on past years’ data, Singtel share price never fails to correct between late July to August, the traditional period after the issuance of Singtel final dividend. In my view, the correction of Singtel share price should present good opportunities to accumulate the stock at reasonable entry levels.
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