Published On: Wed, Dec 30th, 2015

Noble Group Shares Tumble After Moody’s Cuts Rating to Junk

Stock is the biggest loser on Straits Times Index this year; Sale of Noble Agri stake will improve metrics, company says

Noble Group Ltd. slumped in Singapore after the commodity trader had its credit rating cut to junk by Moodys Investors Service on concerns about the company’s liquidity amid the rout in raw materials.

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