Sears Holdings rose the most in more than two months after saying first-quarter profit excluding some items was as much as $195 million after selling stores in the US and Canada, compared with a loss a year earlier.

The shares climbed as high as $65.70 for the biggest intraday increase since Feb. 23 and closed at $62.05, up $8.27, or 15.4 percent. Sears gained 69 percent this year before yesterday.