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		</div><p>Asian shares have bounced back after last week’s loses, with mainland Chinese benchmarks gaining 3% while Japan and Hong Kong also rose.</p>
<p>Stocks have been volatile as investors fret the coronavirus outbreak will derail the global economy but in those declines some see opportunities to buy.</p>
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<p>Japan’s Nikkei 225 index recovered from early losses, gaining 1.4% to 21,441.56, while the Shanghai Composite index rose 2.9% to 2,965.11.</p>
<p>The benchmark for the smaller exchange, in Shenzhen, jumped 3.4%.</p>
<p>South Korea’s Kospi climbed 1% to 2,007.57 and the Hang Seng in Hong Kong jumped 0.9% to 26,371.21.</p>
<p>But shares fell in Australia, where the S&;P ASX/200 lost 0.8% to 6,388.40 and in Taiwan, which fell 0.6%. Stocks were mostly higher in Southeast Asia, and Bangkok’s benchmark surged 0.9%.</p>
<p>“It may well be a case of news being not as bad as it could have been,” Jeffrey Halley of Oanda said.</p>
<p>“Today’s rallies across Asia have a definite relief rally look to them. Measured against the scale of last week’s sell-offs, the bounces this morning are small.”</p>
<figure id="attachment_150824" aria-describedby="caption-attachment-150824" style="width: 300px" class="wp-caption alignleft"><img class="size-medium wp-image-150824" src="https://londonglossy.com/wp-content/uploads/2020/03/38770203-5F0D-43EE-B641-3175339F4D5E-300x200.jpeg" alt="" width="300" height="200" /><figcaption id="caption-attachment-150824" class="wp-caption-text">The Dow Jones industrial average slipped heavily last week</figcaption></figure>
<p>Stocks sank on Wall Street on Friday, extending a rout that left the market with its worst week since October 2008.</p>
<p>The Dow fell 1.4% to 25,409.36, the S&;P 500 slid 0.8% to 2,954.22, while the Nasdaq rose 0.1%, to 8,567.37.</p>
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<p>The damage from the week of relentless selling was eye-popping: The Dow Jones Industrial Average fell 3,583 points, or 12.4%.</p>
<p>Microsoft and Apple, the two most valuable companies in the S&;P 500, lost a combined 300 billion dollars (£235 billion).</p>
<p>In a sign of the severity of the concern about the possible economic blow, the price of oil sank 16%.</p>
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