Uranium One Climbs After Japanese Election: Johannesburg Mover
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Uranium One Inc., which mines the raw material used in reactor fuel, advanced the most in 16 months in Johannesburg trading after the pro-nuclear Liberal Democratic Party won a landslide election victory in Japan.
Shares in the Vancouver-based company jumped 13 percent, the most since August 2011, to 18.29 rand by the close in Johannesburg. More than 50,000 shares traded, almost three times the daily average over the past three months.