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Stock market: Tokyo rises, Nintendo boom

The session in Tokyo was very active with 3 billion shares traded on the primary market: the Nikkei index gained almost 2%.

Stock market: Tokyo rises, Nintendo boom

The session in Tokyo was very active with 3 billion shares traded on the primary market. Most of the shares that had lost ground in the previous two sessions reversed course, especially those of companies benefiting from the weaker yen and the good economic outlook in the US. In the spotlight is Japanese video game giant Nintendo, which jumped 10,76% on expectations for revenue and profit growth outside Japan.

Investors have speculated that Nintendo could earn more not only due to the increase in the exchange rate and the international economic recovery, but also thanks to a relaxation of regulations in China, which now allows the sale of video game consoles manufactured in the free zone of Shanghai. Sony's performance was much more contained (+1,38%).

Also in the electronics sector, shares of Canon rose by 1,68% after in an interview with the Nikkei newspaper, the president said that the Japanese group will increase to 50% in 2015 against 42% in 2013 its production in Japan, taking advantage of a weaker yen. Among the stocks, the Seven&I distribution group stood out with an increase of 6,04%, announcing record results for the first 9 months of the 2013-2014 fiscal year.

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