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Super Mario could push Nintendo higher: Moltke-Leth

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Apple has announced that Ninendo's Super Mario is coming to the app store. More than 500 million copies of the game has been sold, and according to Christoffer Moltke-Leth, director of Global Sales Trading at Saxo Capital Markets Singapore, the effect will be bigger than Pokémon Go.

Super Mario is a fully owned franchise of Nintendo and Moltke-Leth believes that the game will serve as an important platform and commercial for the company. He believes the game can spur interest in Nintendo's console games and push the stock price higher.