Asia: Shares mixed in quiet trade before US jobs

Posted by Trading Advisor on 12:41 PM with No comments
[HONG KONG] Asian markets were mixed on Friday in holiday-thinned trade as investors look ahead to the release of US jobs data later in the day, while Shanghai retreated on profit-taking after a recent rally.

Wall Street provided a positive lead following another round of upbeat US indicators, although the dollar dipped against the yen.
Tokyo edged up 0.37 per cent and Seoul gained 0.30 per cent.
Shanghai slipped 0.85 per cent after surging to seven year highs over the past month on hopes for fresh monetary easing by China, while Kuala Lumpur was flat.