Asian markets were mixed Friday following a pullback in oil prices. A stronger U.S. dollar lifted some exporters in the region. Japan managed to close slightly higher but Australia shed 1 percent, weighed down by declining resource stocks.
Data showing that U.S. weekly jobless claims unexpectedly fell by 9,000 to the lowest level in a month also helped improve sentiment. A stronger U.S. dollar is also supporting exporters such as Canon.
But resource-related shares such as Inpex Holdings and Nippon Oil fell about 3 percent after oil prices pulled back sharply from a record above $135 a barrel on Thursday as dealers took profits and as a recovering U.S. dollar dampened commodities markets.
Tokyo's Nikkei 225 Average finished 0.2 percent higher led up by exporters such as Kyocera on a softer yen, while Chugai Pharmaceutical gained after partner Roche Holding said it would increase its stake in the Japanese drug maker. Konica Minolta Holdings jumped more than 4 percent after it said on Thursday it planned to spend up to 10 billion yen ($96 million) to build a new production facility for high-tech film used to make LCD panels in 2009.