Asian equities were mixed on the last trading day of the week as traders played wait-and-see whether Greece will apply for an extension of its bailout program before the Friday deadline.
"Expectations are fairly high that an agreement can be reached. While this is only a short-term solution in preparation for deeper negotiations in coming months, it should be enough to alleviate some of the near-term pressure investors were concerned about," said Stan Shamu, market strategist at IG, in a note.
Trading volumes were thin for a second day due to market closures in China, Hong Kong, South Korea, Singapore, Taiwan and Malaysia.
Greece applied for an extension of euro zone financial support a day ahead of its Friday deadline, but the government requested a six-month assistance package rather than an extension of the bailout. However, the request was rejected by Germany and will be discussed at a Eurogroup meeting scheduled later on Friday.
Overnight, Wall Street shares closed narrowly mixed on Thursday, with the Nasdaq higher for seven days of gains - its strongest winning streak in a year - while the S&P 500 touched a new intraday record high.