Super Group's shares surge 14%
June 20, 2006
Super Group's shares had their biggest gain in eight years yesterday after it said it had started talks that might affect the stock price. The talks might have a "material impact" on the price of shares, Super Group said in a statement to the JSE.
Stock in the freight transporter and auto parts retailer jumped 14 percent to R11.70, the largest gain since May 21 1998, according to Bloomberg data, valuing the business at R4.74 billion.
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