Raba Advances Most Since November on Hungarian Military Report
Raba Nyrt. (RABA), a majority state-owned Hungarian vehicle maker, rose the most since November after Nepszabadsag reported that the government plans to use the company to help expand the country’s military industry.
The shares rose 15 percent to 755 forint at the end of trading in Budapest, the most since Nov. 8, after being temporarily suspended for breaching the 10 percent intraday trading limit.
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