Asian stocks closed mixed on Friday, weighed down by a drop in resources-related shares as commodity prices declined.
Asian stocks rose on Thursday after a successful bond auction in Portugal eased fears about the euro zone's debt crisis and boosted European and U.S. stocks.
Asian stocks rose on Wednesday as global markets halted recent losing streaks and posted modest gains on the back of solid earnings reports and positive broker comments, while investors await the outcome of debt issuance in the euro zone.
Asian stock markets ended mixed on Tuesday as government debt burdens in Europe weighed on investor sentiment.
Asian stocks mostly traded to the downside on Monday, after a lackluster U.S. job report drove Wall Street lower Friday, but trading volume was light with Japan markets closed for a public holiday.
Asian markets ended mixed on Friday as investors stayed cautious ahead of the U.S. nonfarm payrolls report.
Japanese shares rallied on Thursday as investors snapped up shares of Japanese exporters after the dollar hit two-week highs against the yen, but markets elsewhere in Asia were more subdued ahead of the influential U.S. non-farm payrolls report.
Asian markets closed mixed on Wednesday following a broad commodities selloff but losses were limited as stronger-than expected U.S. factory data lent support.
Japanese stocks led Asian equities higher on Tuesday, climbing to their highest since May, with investors betting the improving U.S. recovery may be reflected in jobs data later in the week.
South Korean shares stole the limelight on the first trading day of 2011 as the KOSPI rose nearly 1 percent to end at a record closing high. But volume was thin overall with many major markets closed for a public holiday.
Funds raised through global initial public offerings (IPOs) are expected to exceed $300 billion in 2010, a new record high, according to an Ernst & Young report released on Wednesday.
Investors looking to ride on Asia's recent stock rally face a more dangerous entry point in the near term, said Ajay Kapur, head of equity strategy, Asia at Deutsche Bank on CNBC Friday.
The Fed's stimulative measures are good for stock markets, especially in Hong Kong as it is seen as the gateway to investing in China, said Peter Lai, director at DBS Vickers Securities.