Gunze Rises Most in 18 Months After Report of China Touch-Panel Production

Gunze Ltd. gained the most in 18 months in Tokyo trading after a report said the Japanese clothing and plastics maker would increase touch panel output 10-fold and set up a factory in Guangzhou, China.

The stock rose 6.8 percent to 344 yen as of 9:21 a.m. on the Tokyo Stock Exchange, the biggest gain since June 2009. Japan’s benchmark Nikkei 225 Stock Average lost 0.6 percent.

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