Wednesday, May 26, 2010
Noble Group
Noble Group +4.4% at $1.68, higher for 1st time in 6 sessions although interest generally still subdued amid concerns over potential slowdown in commodities demand if euro-zone problems start to weigh on global economic growth. Analysts generally still upbeat about its group’s longer term prospects backed by contributions from oil & gas businesses currently in start-up phase as well as ongoing efforts to enlarge its global footprint. Resistance seen at $1.72 followed by $1.84.
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