Noble shares jump nearly 40 per cent
S$0.64-cent close is stock's highest since May, but group says not aware of any reason for price surge
Singapore
SHARES in Noble Group surged nearly 40 per cent on Thursday, but the embattled commodity trader said it was not aware of any reason that might explain the unusual trading activity.
The stock, which opened at 47.5 Singapore cents, reached as high as 65 cents in intraday trades. It eventually ended the day at 64 cents, its highest since May. This was up 36 per cent, or 17 Singapore cents, fro…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Sony deal for Paramount would draw added regulatory scrutiny
Bitcoin 'halving' has taken place: CoinGecko
Lululemon to shutter Washington distribution center, lay off 128 employees
Wall Street bonus rules return to regulatory agenda in third try
Honda to invest US$808 million in Brazil by 2030
US: Nasdaq, S&P tumble as Netflix, chip stocks drag