Kardan Real Estate Rises Most in Five Months on Unit Contract
Kardan Real Estate Enterprise & Development Ltd. (KARE) rose the most in more than five months after the company said a unit got a construction contract valued at around 100 million shekels ($26 million).
Shares in the real estate developer surged 12.6 percent, the most since Sept. 15, to 0.903 shekel at 3:38 p.m. in Tel Aviv.
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