NOBLE GROUP STOCK dived 7.8% today, closing the trading day at $1.175, down 10 cents off yesterday's closing price. NOBLE GROUP stock's intra-day low was $1.165 with a high at $1.215.
Noble Group stock was punished by investors as its profits did not meet expectations against a global economy increasingly worried about the US financial cliff.
Wilmar has just announced its financial result which is quite good and hence Wilmar’s stock price closed 1.6% as a result. Next Monday, we will see how Golden Agriculture perform in its earning, followed by Olam on Wednesday, after which the four commodity heavyweights in SGX (Noble, Wilmar, Golden Agriculture and Olam) would have released their latest quarterly results and investors will then know which of them can be bought.
Of the four stocks above, I am currently vested in Golden Agriculture, hence I am eager to know the ......