Queenco Rises to Highest in Two Months on Investment Talks
Queenco Ltd. (QNCO) closed at the highest level in almost two months after the investor in real estate projects said it’s in talks to secure an investment.
The shares of the Ramat Gan, Israel-based company advanced 6.1 percent to 1.626 shekels, the highest level since March 11, at the 4:30 p.m. close in Tel Aviv, giving the company a market value of 129 million shekels ($34 million).
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