Asian Equities Expected Mixed in Light Data Session

Asian stocks appear set for a mixed open amid a data-light Friday, overlooking Wall Street’s higher finish overnight following strong U.S. economic data.

Australia’s benchmark S&P ASX 200 index rose 0.2 percent at the open, recovering from Thursday’s four-week low which saw the bourse giving up this year’s gains to trade 0.7 percent lower year-to-date.

Profit-taking could continue to weigh on Japan’s Nikkei 225. Stock futures in Chicago traded at 17,290, while those in Osaka dropped 0.4 percent to 17,260; both marginally below the index’s previous close of 17,300. Japanese shares saw limited gains on Thursday as investors took profits on recent performers such as Softbank.

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