Nintendo bids spike by their daily limit on move to smartphones

Shares in video game maker Nintendo Co were overwhelmed with buy orders on Wednesday as investors welcomed its long-awaited move to bring its iconic game characters such as Super Mario to smartphones. The flood of buy orders meant Nintendo shares were untraded, but bids were indicated 21 percent higher, up by their daily limit of 3,000 yen limit to 17,080 yen after it announced a partnership with social gaming company DeNA Co. Nintendo's American depositary receipts (ADRs) rose 27.5 percent