Stocks to watch: SIA, Keppel DC Reit, Aztech Global, Tuan Sing, Aspen

THE following companies saw new developments that may affect trading of their securities on Tuesday (Oct 17):

Singapore Airlines (SIA): The national carrier posted a 24.8 per cent year-on-year increase in passenger traffic in September 2023, as demand for air travel remained robust. Its cargo operations also grew over the month, with cargo loads rising 6.1 per cent on the year to exceed its capacity expansion of 4.6 per cent. Shares of SIA fell 1.7 per cent or S$0.11 to close at S$6.33 on Monday, before the group released its operating results for September.

Keppel DC Reit : Its distribution per unit for the third quarter fell 3.6 per cent year on year to S$0.02492 due to higher finance costs and less favourable foreign exchange hedges, reported the manager on Monday. Portfolio occupancy slipped to 98.3 per cent as at Sep 30, 2023, down from 98.5 per cent three months earlier. Units of Keppel DC Reit closed at S$2.01, down 1 per cent or S$0.02, before the business update.