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By Bloomberg

Japanese shares fell, reversing gains from the morning session, following a report a man is being tested for Ebola in Tokyo.

Developers and oil and coal producers led declines as all but four of 33 Topix industry groups retreated. Toyota Motor Corp. slid 0.8 percent as the yen erased a drop against the dollar. Fujifilm Holdings Corp., which makes the Avigan drug used in experimental Ebola treatments, climbed 0.6 percent. Nippon Suisan Kaisha Ltd., a seafood producer, added 2.4 percent as fishing stocks posted the biggest advance.

The Topix slid 0.5 percent to 1,418.75 as of 1:51 p.m. in Tokyo, paring a loss of as much as 1.3 percent in the afternoon after rising as much as 0.4 percent in the morning. The Nikkei 225 Stock Average slid 0.9 percent to 17,662.44. The yen was little changed at 120.27 per dollar after falling as much as 0.2 percent.

“The news that a Japanese man may have Ebola looks to have triggered this drop in shares,” said Gavin Parry, managing director of Parry International Trading Ltd. in Hong Kong. “We think this index selloff is overdone and a knee-jerk reaction. The yen has also amplified the move.”

A man in Tokyo in his 30s is being tested for the virus after reporting a fever of more than 38 degrees, the health ministry said. The man had returned from Sierra Leone this month, where he attended a burial and had contact with a body bag, the ministry said.