TOKYO -- Video game-related stocks were a rare bright spot in the Tokyo market Wednesday, as investors sought refuge in Nintendo, Sony and others amid a sea of red stemming from growing unease over the health of European banks and falling long-term rates in Japan.
Nintendo ended Wednesday slightly higher at 27,130 yen ($270). After a dramatic roller-coaster ride in July, the company's stock has been gradually recovering. "It could rise further to test the year-to-date high (32,700 yen) posted on July 19," said Norihiro Fujito of Mitsubishi UFJ Morgan Stanley Securities.
