Stocks to watch: Noble, Yoma
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Anita Gabriel
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TRADING in the shares of embattled Noble Group will resume on Wednesday following a halt in the first half hour of Tuesday's session.
The counter suffered a major beating on Tuesday morning on a culmination of bad news - a rating agency slashed its credit score and a news report that China's state-owned Sinochem had a change of heart in investing in the commodity group.
The stock plunged to 42 Singapore cents, down 16.5 Singapore cents or 28 per cent on Tuesday just before the trading halt was called.
YOMA Strategic Holdings reported a 171 per cent jump in fourth-quarter net profit to S$24 million on the back of a 18 per cent increase in revenue to S$54 million.
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