Asia markets mostly saw a weak session Friday, after a tech-led rout on Wall Street.
In Japan, the Nikkei 225 recovered 425.69 points, or 0.8%, to 54,253.68.
Shares of Japanese auto giant Toyota climbed 2% after the company released its third-quarter results, and announced that CEO Koji Sato was stepping down. Sato will be replaced by current Chief Financial Officer Kenta Kon.
Japanese pharmaceutical makers slumped on Friday, after U.S. President Donald Trump unveiled his website offering discounted prescription medicines. Sumitomo Pharma dropped almost 4%, while Takeda Pharmaceutical, Japan’s largest drugmaker, fell 1.34%.
In Hong Kong, the Hang Seng index shed 325.29 points, or 1.2%, to 26,559.85.
South Korea’s Kospi plunged as much as 5% at one point, but the index pared losses.
Index heavyweights Samsung Electronics and SK Hynix fell 0.44% and 0.36%, respectively, while Hyundai Motor was 4.3% lower.
Defense heavyweight Hanwha Aerospace was 3.75% down, while LG Energy Solution lost 2.53%.
South Korea’s market, which is heavily weighted in favor of companies in the chip and automotive industries, have seen sharp swings in the past week as sentiment over tech stocks sours.
Australia led losses in the region, ending at its lowest level in almost a month.
In other markets
The CSI 300 in Shanghai lost 28.26 points, or 0.6%, to 4,670.42.
In Korea, the Kospi dwindled 74.43 points, or 1.4%, to 5,089.14.
In Taiwan, the Taiex dropped 17.35 points, or 0.1%, to 31,782.92.
In Singapore, the Straits Times Index faded 18.35 points, or 0.1%. to 4,034.41.
In Australia, the ASX fell 180.39 points, or 2%, to 8,708.83.
In New Zealand, markets were closed for holiday.
