April 21 (Bloomberg) - Japanese stocks advanced for a second day after that companies American, including Apple Inc. reported an increase in profits and oil prices soared, signaling that the global economic recovery is accelerating.
Sony Corp., most major exporter of electronics of the Japan, gained 1.7 per cent. Renesas Electronics Corp. and other manufacturers of semiconductor and advanced tools after Qualcomm Inc., the large manufacturer of mobile phone chips, reported profit that topped estimates. Inpex Corp., Explorer of the No. 1 oil, jumped to 4.2%. Nissan Motor Co. increased by 1.9% after the automaker said that it will boost shipments of electric cars.The Nikkei 225 Stock average rose 0.6% to 9,662.67 11 hours trading pause in Tokyo. The broader Topix gained 0.3 percent to 839.65, with approximately four actions on the rise since all three fell. "American companies, especially tech stocks are wear well, and which helps to create confidence,"said Mitsushige Akino, who oversees the words of 600 million dollars in assets in Tokyo at Ichiyoshi Investment Management Co.""Investors are looking to take a little more risk".-Editor: Jason Clenfield, John McCluskey.
To communicate with journalists for this story: Norie Kuboyama in Tokyo at the nkuboyama@bloomberg.net; Satoshi Kawano in Tokyo, at skawano1@bloomberg.net.
To contact the responsible editor of the story: Nick Gentle at ngentle2@bloomberg.net.
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