Game and entertainment stocks move narrowly in morning session as funds shift to large caps

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Summary · why it matters

Game and entertainment stocks on the Tokyo Stock Exchange saw narrow price movements in the morning session on July 9. Among the 99 registered issues, 48 rose, 40 fell, and 11 were unchanged, with buying slightly ahead. Mandarake hit a new year-to-date high, while Celsys and Link-U saw profit-taking. The Nikkei Stock Average ended the morning session at 68,180.55, up 1,361.50 points from the previous business day, with AI and semiconductor-related stocks firm following gains in US tech shares the day before. Overall, funds are shifting toward large-cap stocks.

Impact on assets 3

Consumer Discretionary▲
Mandarake Inc.
2652
▲ Positiverelevance

Mandarake hit a new year-to-date high, indicating buying interest.

Information Technology▼
CELSYS, Inc.
3663
▼ NegativeCapitalrelevance

Profit-taking on Celsys shares as funds shift to large caps.

Communication Services▼
Link-U Group Inc.
4446
▼ NegativeCapitalrelevance

Profit-taking on Link-U shares as funds shift to large caps.