Asahi Glass shares rise after profit forecast to increase

Asahi Glass Co. rose the most in nine months in Tokyo trading after the company forecast profit to increase more than fourfold this year.

The shares rose 7.2 percent to 949 yen as of 9:21 a.m. [Feb. 11] on the Tokyo Stock Exchange, headed for the biggest advance since May 19. The stock had the second largest gain on the Nikkei 225 Stock Average, which rose as much as 1.2 percent, according to a Feb. 12 BusinessWeek report.

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