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Hot stock: Noble continues to be among most active counters

Friday, May 8, 2015 - 11:20
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For the fourth straight day, commodity trader Noble Group's counter was among the most active on Singapore Exchange in morning trade.

FOR the fourth straight day, commodity trader Noble Group's counter was among the most active on Singapore Exchange in morning trade.

As at 11.10am on Friday, some 19.5 million shares changed hands.

Its counter fell one cent or 1.19 per cent to S$0.83.

On Tuesday, Noble posted a lower net profit for the first quarter ended March 31, 2015.

It plunged 30 per cent to US$106.6 million, weighed down by lower commodity prices and poorer-than-expected performance of its two major operational associates.