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Asian equity markets were mixed early on Friday, following an uninspiring lead from Wall Street amid lower oil prices. However, Japanese stocks brushed off a raft of weaker-than-expected data to clinch fresh 15-year highs.
Japanese shares brushed off weaker-than-expected economic data to touch their highest level since June 2000, with the help of a weaker yen. The benchmark Nikkei 225 index has closed at new 15-year highs in four out of the past five trading sessions.
South Korea’s Kospi index drifted lower, led by index heavyweights. Steelmaker Posco slumped 1.6 percent, while the top two heaviest weighted stocks Samsung Electronics and Hyundai Motor receded 0.9 and 1.2 percent each.
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