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Shares In Nintendo Have Risen After Filing Shows BlackRock Owns 5 Percent Stake

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Nintendo shares have risen by as much as 2 percent after it has emerged that assets manager BlackRock now own a 5 percent stake in the Kyoto based company. A regulatory filing shows that BlackRock have a 5.17 percent stake in Nintendo and they are the world’s largest asset manager. Reuters says that the benchmark Nikkei average was up 0.1 percent in early morning trade.

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