Orco Rebounds From Four-Week Low After Loan Deal: Prague Mover
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Orco Property Group SA climbed from a four-week low after the developer in central Europe said it reduced interest costs on a loan for its GSG project in Berlin.
The stock rose as much as 3.5 percent today before paring the gain to 0.2 percent at 65 koruna at the close in Prague. Share turnover was 36 percent of the three-month daily average. Orco fell 4.3 percent yesterday to the lowest since Nov. 16.