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Stocks to watch: OCBC, CLI, FHT, Elite Commercial Reit, ARA H-Trust, OUE C-Reit

THE following companies saw new developments that may affect trading of their securities on Friday (Nov 4):

OCBC: The bank on Friday posted a 31 per cent net profit rise to S$1.6 billion for the third quarter ended Sep 30, compared with S$1.22 billion last year. This was due to a growth in average net asset balance and net interest margin expansion, which contributed to a quarterly net interest income gain of 44 per cent to S$2.1 billion. It was the first time the S$2 billion mark was crossed. OCBC...

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