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Stock impact report

Japan shares claw back earlier virus-related losses but worries persist [Reuters]

DAIKIN INDS LTD UNSP/ADR (DKILY) 
NASDAQ:AMEX Investor Relations: daikin.com/investor/index.html
Company Research Source: Reuters
Japan shares claw back earlier virus-related losses but worries persist TOKYO, Jan 22 (Reuters) - Japanese shares made modest gains on Wednesday, as earlier investor panic about the coronavirus in China abated, although hygeine-related firms remained in demand and pressure on the tourism sector persisted. The Nikkei share average rose 0.2% to 23,904.51 in mid-morning trade, partially clawing back losses from the previous session, while the broader Topix added 0.1% to 1,737.47. The virus, which causes a type of pneumonia, has spread to more Chinese cities including Beijing and Shanghai as the number of patients in China more than tripled. More cases were are reported outside China, including the United States. Support for hygiene-related stocks remained strong. Azearth , a supplier of protective attire, soared 14.4%, one day after it climbed to its daily limit while fibre-maker Omikenshi jumped 8.3%, also after rising to its daily limit previous day. Daikin Industries, which produces a Show less Read more
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