Mol Nyrt. (MOL), Hungary’s largest refiner, headed for the biggest gain in almost three weeks after announcing a cost-cutting plan and first-quarter profit that beat analysts’ estimates.
The shares rose as much as 2.5 percent and added 1.6 percent to 16,515 forint by 9:50 a.m. in Budapest, the biggest rally on a closing basis since April 25.
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