Market Snapshot Singapore stocks opened lower on Thursday. STI fell 04%; Sats fell 6%; SIA fell 0.7%; OCBC fell 0.6%; DSB fell 0.4%. Stocks in Focus $OCBC(O39.SI)$: The bank announced on Thursday that it has priced £1 billion (US$1.4 billion) in aggregate principal amount of floating rate covered bonds due 2029. The covered bonds will bear interest at the compounded daily Sterling Overnight Index Average rate, plus 0.48 per cent per annum payable quarterly in arrear. The bonds are expected to be issued on Aug 26 and listed on the Singapore Exchange (SGX) on Aug 27. Shares of OCBC ended at S$30.94 on Wednesday, S$0.01 or 0.03 per cent lower. $Sats(S58.SI)$: The company on Wednesday posted a S$75.1 mill