TOKYO - Nintendo on Tuesday shot past Sony in market value after the videogame giant's stock more than doubled since the release of the wildly popular Pokemon Go game. That put Nintendo's market capitalisation at 4.36 trillion yen, topping Sony, one of Japan's best-known companies by 300 billion yen. Nintendo declined to say when the app would be released in its home market, and Niantic -- which developed the game for Nintendo -- did not reply to requests for comment. On Friday, Nintendo set a record for the most shares ever traded daily in Japan. Since the weekend it has been released in more than two dozen more countries, but it has yet to be released in Japan.

Source: Bangkok Post July 19, 2016 04:41 UTC