On the last trading session before Christmas, Asian indices largely rose, with the exception of China, as a strong U.S. growth report card revived risk sentiment.
Asian equity markets largely fell on Tuesday, with Shanghai being an exception, over a persisting slump in oil prices and after latest data added to concerns about slowing activity in the world's second-largest economy.
Asian share markets were mostly lower on Tuesday following a mixed morning session as investors digested key data from China.
Asian indices traded higher on Friday but trading remained light as investors await possible clues about interest rates at the Jackson Hole Symposium.
Japanese shares fell 1 percent on Thursday as investors were disappointed with the lack of a Trans-Pacific Partnership deal.
Asian shares were mostly higher on Monday as traders closed out of positions before the end of the quarter.
It's time to take some money off the table in China's market, Nomura said, turning more cautious before the Party Congress in November.
Chinese shares tumbled to their lowest close in six weeks, after Beijing hit property developers with harsher-than-expected tightening measures to contain housing costs.
Asian shares touched fresh 16-month highs on Friday as investors awaited U.S. nonfarm payrolls data due later in the day, with sentiment underpinned by signs that China's economy is stabilizing.
HONG KONG, Nov 1- Mainland Chinese shares posted their strongest daily gains in more than three weeks on Thursday, boosting Hong Kong stocks, following positive China economic data and a report that local governments were easing restrictions on property purchases. The China Enterprises Index of the top Chinese listings in Hong Kong jumped 1.1 percent.
HONG KONG, Nov 1- Mainland Chinese shares lifted Hong Kong markets with their best daily performance in nearly a month on Thursday, boosted by stronger Chinese economic data and a report that more city governments were easing restrictions on the real estate sector. The China Enterprises Index of the top Chinese listings in Hong Kong rose 0.8 percent.
HONG KONG, Oct 24- Hong Kong shares were set to start lower on Wednesday after eight straight days of gains, and as investors wait for a preliminary survey of manufacturing activity in China due later in the day. Anhui Conch Cement, China Overseas Land& Investment, Angang Steel are among companies expected to report third-quarter earnings later in the day.
Seven of 10 fund managers are betting that China and other emerging markets will lead the global economic recovery, according to a Merrill Lynch fund manager survey, and that could mean better investing opportunities abroad.