Monday, September 13, 2010

Noble

Noble: Media reports that ex-MS head of crude & oil products group Olav Refvik will join Noble later this month as the global head of oil and oil products trading. Separately, Australian independent MP Andrew Wilkie, who supported a Labor govt, may block PM Julia Gillard’s planned mining tax legislation unless the proposal is redrawn. Noble shares firm today, rising in tandem with Olam’s strength but have to clear $1.75 resistance, where the 100-day MA sits, with the next resistance at $1.93.

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