Japanese shares jump on Nikkei 3-month high
Sony and SEGA both see decent gains as the market surges on US economy hopes
The Nikkei hit a three-month closing high this morning following stronger-than-expected results from the US auto industry, prompting some solid gains for Japanese publishers.
Sony was the biggest beneficiary of the positivity, with its share price jumping by JPY 195 (USD 1.97) or 9.2 per cent over the day to hit JPY 2320 (USD 23.41) by closing.
SEGA too saw a decent result by the end of trading today, moving up 5.2 per cent to JPY 913 (USD 9.21), while Konami was up by 3.8 per cent to JPY 1540 (USD 15.54).
Nintendo and Capcom also saw some gains, although more modest than the rest. Their share prices were up by 2.7 per cent to JPY 29,820 (USD 301) and by 2.2 per cent to JPY 1824 (USD 18.41) respectively.
Square Enix, which is poised to complete a takeover of Eidos, remained virtually unchanged, up just 0.63 per cent at JPY 1890 (USD 19.07).