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In Tokyo, the stock market fell and in Hong Kong it rose when trading began on Thursday. But soon the curves showed otherwise.
Hang Seng in Hong Kong was down about 0.2 percent after half an hour of trading. That while the Nikkei 225 in Tokyo quickly rebounded from the initial recession and just before lunch the price was just above the zero line. The broader Topix index showed the same trend and then was up over 0.1 percent.
Among the companies that stand out on the Tokyo Stock Exchange is the camera and pharmaceutical company Fujifilm, which fell 3.5 percent in early trading. The stock slump came after media reported that the company’s flu drug, which was thought to be able to treat Covid-19, is likely not effective against the disease.
The Shanghai and Shenzhen composite indices rose at the open, but had fallen 0.3% each after just over half an hour of trading.
The Taiwanese stock market had fallen 0.4 percent in the morning, while Kospi in Seoul had lost just over one percent.
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