China markets reversed slight declines to close above the flat line after sliding for most of the week. Hong Kong's Hang Seng Index edged up 0.17 percent by 3:12 p.m. HK/SIN. Financials were mixed in the afternoon: HSBC slipped 0.18 percent and Bank of China eased 0.43 percent. The energy space saw significant gains, with CNOOC trading higher by 4.64 percent ahead of the market close.
Ahead of the market close, Apple suppliers AAC Technologies and Sunny Optical rose 7.83 percent and 4.44 percent, respectively, following the U.S. tech giant's expectation-topping quarterly results.
On the mainland, the Shanghai composite advanced 0.46 percent to close at 3,462.94 after touching its lowest levels in two weeks on Thursday. Meanwhile, the Shenzhen composite finished the session 0.03 percent higher. The blue chip CSI 300 index rose 0.61 percent by the end of the day.
Despite the gains on Friday, the Shanghai composite has fallen 2.83 percent between Monday's open and Friday's close. Recent declines appeared to be linked to concerns over unconfirmed market rumors about trust companies having to reduce leverage, according to Hao Hong, managing director and head of research at BOCOM International.
U.S. stocks ended the last session mostly lower following a session of choppy trade, which also saw bond yields climb. On Thursday, the yield on the 30-year Treasury bond crossed the 3 percent level for the first time since May while the 10-year yield rose as high as 2.792 percent.
The Dow Jones industrial average edged up 0.14 percent, or 37.32 points, to close at 26,186.71. Other major indexes eased slightly.
Ahead, markets will be keeping an eye on the release of U.S. nonfarm payrolls numbers due during U.S. hours.