Tuesday, September 23, 2014

Sep 23: Tritech, OCBC

The Straits Times Index (STI) on Monday ended 7.76 points or 0.24% higher to 3,305.05, taking the year-to-date performance to +4.43%. The top active stocks were DBS (-0.44%), Keppel Reit (-1.22%), SingTel (+1.06%), OCBC Bank (+0.82%) and CapitaLand (+1.55%).Here are some stocks and factors to watch this Tuesday morning:

Tritech Group said its wholly-owned subsidiary, Tritech Consultants had won a $13.795 million contract by the Land Transport Authority for consultancy services on the Thomson Line MRT.

Oversea-Chinese Banking Corporation said that its rights issue was 71.5% or 0.7 times oversubscribed. The bank was planning to sell about 436.8 million shares at $7.65 a share.

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