Nintendo Shares Gain on Expectations of Nikkei Inclusion - Traders

(Reuters) - Shares in Nintendo Co Ltd climbed 3.9 percent to 11,740 yen on Tuesday, with traders citing market expectations that the video game maker will be promoted to the benchmark Nikkei after its annual review.

A decision is expected to be made this week, traders said.

A trader at a foreign bank in Tokyo said investors were also speculating that Japan Exchange Group Inc, formed from the merger of the Tokyo Stock Exchange and the Osaka Securities Exchange in January, would join the Nikkei 225 constituent.

Oculus Quest Giveaway! Click Here to Enter
The story is too old to be commented.