Fri, 04 May 2012 11:52:54 GMT
Asian shares trade lower ahead of US non farm payroll report
Asian stocks dropped on Friday, following a sharp decline in energy prices. Moreover investors awaited the US non farm payroll data. South Korea's Kospi lost 0.3%, while Australian S&P/ASX 200 and Hang Seng indices each shed 0.8%. Shanghai Composite Index managed to breach downward trend and climbed 0.5%. Japanese markets remained closed for holidays.