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Companies & Markets

Hot stock: Noble Group shares jump after PwC clears accounting practices

Published Tue, Aug 11, 2015 · 01:44 AM
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[SINGAPORE] Shares in Noble Group Ltd jumped early on Tuesday after PricewaterhouseCoopers (PwC) found no wrongdoing in a review of the company's accounting practices.

PwC said the company's fair value assessment of contracts was in line with relevant accounting standards and practices.

Shares in Singapore-listed Noble rose as much as 7.8 per cent to S$0.625.

REUTERS

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