Noble hits 7-year low in intra-day trading
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
COMMODITY trader Noble Group on Thursday plunged to a seven-year low in intra-day trading after little-known outfit Iceberg Research cast doubts on whether a third-party review of the group's governance framework could solve its problems.
Noble's counter dived as much as 6.9 per cent to 60.5 Singapore cents - the lowest since January 2009 - before closing at 63 Singapore cents, down 3.1 per cent from the day before. Almost 127.5 million shares changed hands on Thursday, making Noble the most actively-traded stock on the Singapore Exchange.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Aiming at China, Malaysia puts new restrictions on electric cars
‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival
Beijing’s calculated silence on the Iran war
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
