Nintendo shares continue rise on Switch console release

Shares in Nintendo rose by as much as 3.4 per cent in early Monday trading, extending gains seen on Friday after the release of its new Switch video game console.

The Kyoto-based gaming company’s stock closed up 3.7 per cent on Friday following the release of the console designed to bridge the gap between home and portable gaming devices.

Nintendo said it plans to ship 2m Switch units in the first months of the $299.99 console’s launch.

The benchmark Topix index is down 0.2 per cent.