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Noble shares roiled as investors zero in on debt talks

Published Tue, Jun 6, 2017 · 09:50 PM

Hong Kong

NOBLE Group Ltd shares extended their decline to the lowest level since 2000 amid rising investor concern that the embattled commodity trader may not be able to engineer a turnaround even as it presses on in talks with core banks to try to secure more funding.

The stock tumbled as much as 11 per cent to 28.5 Singapore cents and ended at 31.5 cents on Tuesday, capping the sixth drop in seven sessions. The shares have sunk 81 per cent this year, cutting t…

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