Polyus Gold Rises to Highest in Five Weeks on London Listing
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Polyus Gold International Ltd., Russia’s largest producer of the metal, jumped to the highest in five weeks in U.S. trading after it said shareholders approved a plan for a primary listing of shares on the London Stock Exchange.
Polyus’s American depositary receipts rose 4.3 percent to $2.94 in New York, the highest since May 3. The miner was the biggest gainer on the Bloomberg Russia-US 14 Index of Russian companies traded in New York today and over the past week. The benchmark advanced 0.5 percent to 85.60.