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Nikkei buoyed by cyclical stocks; Nintendo jumps 16 pct
Friday, 19 April 2019 10:26 WIB | MARKET UPDATE |Saham JepangIndeksTopixIndeks Nikkei

Japan's Nikkei rose on Friday morning as Wall Street gains raised risk appetite and lifted cyclical stocks, while Nintendo jumped after Tencent won approval to sell its Switch console in China.

The Nikkei share average advanced 0.6 percent to 22,223.41 at the midday break. For the week, the index has risen 1.6 percent, poised for a third week of gain.

Shares of Nintendo Co soared after China's Tencent won a key approval to begin selling Nintendo™s Switch console in China, the world™s largest games market. The video game maker's shares were up 15.9 percent at midday.

The broader Topix gained 0.3 percent to 1,619.19.

Source : Reuters

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