Indonesian and Vietnamese shares rebounded from their previous session's steep falls, while most Southeast Asian markets were closed on Friday for a local holiday. Jakarta's Composite Index rose 0.66 percent to 5,155.09, boosted by a 2 percent jump in property shares. Vietnam's broader benchmark index closed up 0.4 percent as institutional investors bought shares of real estate and building materials companies on expectation of a boost to the economy, and on lower inflation numbers.
The Philippine index closed 0.62 percent lower at 7,268.91. The Philippines' imports in March fell for a third straight month with the pace of decline accelerating since February, raising concerns that growth may slow for the export-reliant economy. Thailand, Singapore and Malaysian stock markets were closed on Friday and will reopen on Monday.