Oversea-Chinese Banking Co. Limited (OTCMKTS:OVCHF – Get Free Report) shot up 7.1% during mid-day trading on Wednesday . The stock traded as high as $10.63 and last traded at $10.63. 4,900 shares were traded during trading, an increase of 7% from the average session volume of 4,600 shares. The stock had previously closed at $9.92.
Oversea-Chinese Banking Stock Performance
The company’s 50-day simple moving average is $9.61 and its 200-day simple moving average is $9.58.
Oversea-Chinese Banking Company Profile
Oversea-Chinese Banking Corporation Limited engages in the provision of financial services in Singapore, Malaysia, Indonesia, Greater China, rest of the Asia Pacific, and internationally. The company's Global Consumer/Private Banking segment provides products and services to individual customers, including checking accounts, and savings and fixed deposits; housing and other personal loans; credit cards; wealth management products consisting of unit trusts, banc assurance products, and structured deposits; and brokerage services.
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