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Gilat Satellite Advances Most in 6 Weeks on Russia Contract

Gilat Satellite Networks Ltd. climbed the most in more than six weeks as the developer of satellite-networking technology said it was selected by Snyterra ZAO to provide equipment for a broadband network in Russia.

The shares jumped 4.3 percent, the biggest increase since May 29, to 16.40 shekels at the 4:30 p.m. close in Tel Aviv.

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