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OCBC up again as Moody's confirms ratings

Stock up a further 7 cents at S$10.38 and was the most active by value

Stable outlook: Moody's confirmed OCBC's financial strength rating at B and its long-term bank deposit ratings at Aa1. - ST FILE PHOTO

OCBC Bank continued to rally yesterday, with some 5.7 million shares worth S$59 million changing hands making the stock the most actively traded by value. The counter closed at S$10.38, up a further seven cents, after the Singapore banking group launched on Monday a steeply discounted rights