
Noble Group, Golden Agri are the worst-performing blue chips this week
Their share prices crashed to 1-year lows.
Noble Group and Golden Agri Resources are the worst-performing blue chips this week, data released by the SGX showed.
Noble's turnover velocity stood at 122.1% this week, while Golden Agri posted a turnover velocity of 81.2%. Turnover velocity expresses a stock’s total traded turnover in terms of its market capitalisation.
Noble Group's share price has declined 24.1% year-to-date, and reached a 52-week low of $0.860 per share on Wednesday, March 18.
Meanwhile, Golden-Agri Resources' share price has slipped 12% year-to-date, and fell to a 52-week low of $0.395 per share on Tuesday, March 17.