Bloomberg News

Unipetrol Jumps Most Since March as State Seeks Refinery Stake

July 09, 2012

Unipetrol AS (UNIP) jumped the most in more than four months after Czech Industry and Trade Minister Martin Kuba said in a Lidove Noviny interview the government may buy a stake in the oil refiner’s Ceska Rafinerska unit.

The stock climbed 2.4 percent, the steepest increase since March 1, to 174.50 koruna, making it the second-best performer today in the PX (PX) equity index, which dropped 1.9 percent. More than 218,000 Unipetrol shares have changed hands so far today, more than four times the daily average in the past three months.

To contact the reporter on this story: Krystof Chamonikolas in Prague at kchamonikola@bloomberg.net

To contact the editor responsible for this story: Gavin Serkin at gserkin@bloomberg.net


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