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Asian shares mostly up as markets get over Brexit shock

TOKYO (AP) - Asian shares were mostly up Thursday as markets continued to gradually get over the shock set off by Britain's vote last week to leave the European Union.

KEEPING SCORE: Japan's benchmark Nikkei 225 edged up 0.9 percent in early trading to 15,711.98, while South Korea's Kospi rose 0.3 percent to 1,962.49. Australia's S&P/ASX 200 added 1.6 percent to 5,223.90. Hong Kong's Hang Seng index rose 1.1 percent to 20,668.01. The Shanghai Composite was little changed, inching down nearly 0.1 percent to 2,929.54.

BREXIT: Post-"Brexit" worries are easing in recent sessions. Last week, Britain voted in a referendum to leave the European Union, sending stocks reeling. But Britain's stock market has recouped its losses. The worries are shifting from short-term worries to long-term worries, analysts say.

THE QUOTE: "The Brexit is only four market-days old, and equities are right back where they've been all year - running sideways," according to a report by the Group Strategic Marketing & Communications of DBS Bank in Hong Kong.

WALL STREET: On Wall Street, the Dow gained 284.96 points, or 1.6 percent, to 17,694.68. The S&P 500 index rose 34.68 points, or 1.7 percent, to 2,070. The Nasdaq composite added 87.38 points, or 1.9 percent, to 4,779.25.

ENERGY: In energy trading, benchmark U.S. crude fell 42 cents to $49.46 a barrel in New York. It had added $2.03 to close at $49.88 a barrel Wednesday. Brent crude, used to price international oils, fell 49 cents to $50.83 a barrel in London.

CURRENCIES: The yen, seen as a safe haven, strengthened sharply after the British referendum, but the volatility has since settled. The dollar was trading at 102.75 yen, up from 102.30 yen. The euro rose to $1.1108 from $1.107.

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AP Business Writer Alex Veiga contributed to this report.

Follow Yuri Kageyama on Twitter at https://twitter.com/yurikageyama

Her work can be found at http://bigstory.ap.org/content/yuri-kageyama

Trader Jonathan Corpina, center, works on the floor of the New York Stock Exchange, Wednesday, June 29, 2016. Stocks are opening broadly higher on Wall Street as global markets continue to recover following Britain's vote to make a break with the European Union. (AP Photo/Richard Drew) The Associated Press
Specialist Peter Giacchi, center, works at his post on the floor of the New York Stock Exchange, Wednesday, June 29, 2016. Stocks are opening broadly higher on Wall Street as global markets continue to recover following Britain's vote to make a break with the European Union. (AP Photo/Richard Drew) The Associated Press
Trader Daniel Ryan, center, works on the floor of the New York Stock Exchange, Wednesday, June 29, 2016. Stocks are opening broadly higher on Wall Street as global markets continue to recover following Britain's vote to make a break with the European Union. (AP Photo/Richard Drew) The Associated Press
Specialist Michael Pistillo, left, and trader Timothy Nick work on the floor of the New York Stock Exchange, Wednesday, June 29, 2016. Stocks are opening broadly higher on Wall Street as global markets continue to recover following Britain's vote to make a break with the European Union. (AP Photo/Richard Drew) The Associated Press
Trader Craig Esposito, second left, works on the floor of the New York Stock Exchange, Wednesday, June 29, 2016. Stocks are opening broadly higher on Wall Street as global markets continue to recover following Britain's vote to make a break with the European Union. (AP Photo/Richard Drew) The Associated Press
Jonathan Niles, center, works with fellow traders on the floor of the New York Stock Exchange, Wednesday, June 29, 2016. Stocks are opening broadly higher on Wall Street as global markets continue to recover following Britain's vote to make a break with the European Union. (AP Photo/Richard Drew) The Associated Press
Trader Robert Moran works on the floor of the New York Stock Exchange, Wednesday, June 29, 2016. Stocks are opening broadly higher on Wall Street as global markets continue to recover following Britain's vote to make a break with the European Union. (AP Photo/Richard Drew) The Associated Press
Trader Michael Smyth, center, works on the floor of the New York Stock Exchange, Wednesday, June 29, 2016. Stocks are opening broadly higher on Wall Street as global markets continue to recover following Britain's vote to make a break with the European Union. (AP Photo/Richard Drew) The Associated Press
Trader Mark Muller, right, works on the floor of the New York Stock Exchange, Wednesday, June 29, 2016. Stocks are opening broadly higher on Wall Street as global markets continue to recover following Britain's vote to make a break with the European Union. (AP Photo/Richard Drew) The Associated Press
Trader Greg Mulligan, right, works on the floor of the New York Stock Exchange, Wednesday, June 29, 2016. Stocks are opening broadly higher on Wall Street as global markets continue to recover following Britain's vote to make a break with the European Union. (AP Photo/Richard Drew) The Associated Press
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