, Singapore

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.

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