SINGAPORE — Shares in Asia-Pacific were mixed on Friday as investors awaited the release of a closely watched U.S. jobs report.
Shares of South Koreas Kakao Bank surged in their Friday debut, rising nearly 80% from the issue price. South Koreas broader Kospi slipped 0.18% to close at 3,270.36.
Mainland Chinese stocks fell on the day, with the Shanghai composite down 0.24% to 3,458.23 while the Shenzhen component dipped 0.301% to 14,827.41. Hong Kongs Hang Seng index was around 0.1% higher, as of its final hour of trading.
The S&P/ASX 200 in Australia closed 0.36% higher at 7,538.40.
In Japan, the Nikkei 225 gained 0.33% to close at 27,820.04 while the Topix index ended the trading day little changed at 1,929.34.
Elsewhere in Southeast Asia, shares of Indonesian e-commerce firm Bukalapak made their trading debut Friday, jumping 25% from an initial public offering price of 850 rupiah ($0.06) to 1,060 rupiah. The price move triggered the stock exchanges auto rejection mechanism and the price stayed at 1,060 rupiah as of 2:04 p.m. local time.
Those gains outpaced the wider Jakarta Composite in Indonesia, which slipped 0.12%.
The Reserve Bank of Indias monetary policy committee on Friday kept interest rates unchanged, a decision that was largely in line with expectations of economists in a Reuters poll. The repo rate, the key lending rate at which the RBI lends to commercial banks, was left unchanged at 4%.
MSCIs broadest index of Asia-Pacific shares outside Japan slipped 0.15%.
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Investors looked ahead to the closely watched July U.S. jobs report set to be released Friday morning stateside, with a wide range of estimates from economists about what the report will show.
The U.S. dollar index, which tracks the greenback against a basket of its peers, was at 92.307 — still above levels below 92 seen earlier in the week.
— CNBCs Saheli Roy Choudhury contributed to this report.
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