Singtel, SEA win the day at stock markets after securing Singapore digital bank licences

SINGAPORE – From Singapore to New York, investors gave a big thumbs up to the winners of the Republic’s digital full bank licences, sending the share prices of Singtel and SEA Ltd to historical highs.

Meanwhile, shares in the big three banks – DBS, OCBC and UOB – that dominate the traditional banking landscape here, took a hit.

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