BUZZ-Saab up after report Brazilian fighter order could triple

miércoles 19 de noviembre de 2014 05:15 GYT

** Shares in Saab rise 3.7 pct after reports a Brazil official said the country may triple its order for fighter jets from the Swedish defense firm

** Wall Street Journal cited Brig. Jose Augusto Crepaldi Affonso at the Brazilian Air Force as saying it plans to field "at least" 108 Gripen aircraft to make it its sole combat jet.

** Saab shares at their highest level since July. Year-to-date they are up about 18 pct

** The shares leapt by a third last December after it beat U.S. and French rivals to win the deal for 36 fighters to Brazil, strengthening its hand in competing for export orders for years to come

** Saab was not immediately available for comment

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