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On Friday, stocks in Asia sank, with sentiment linked to American nonfarm payrolls later in the day as well as elections in France at the weekend.
The S&P/ASX 200 edged down 0.40% compensated by Macquarie Bank's 3.58% leap after the bank's full-year revenue beat hopes. As for Australia's resources stocks, they managed to extend losses. For instance, Miner Rio Tinto tumbled 1.56% and crude companies Santos and Woodside declined respectively 2.47% and 2.13%.
The Hang Seng Index inched down 0.26% in Hong Kong, while on the mainland, the Shanghai Composite dived 0.33%.
By the way, Japanese along with South Korean markets were unavailable due to the Children's Day holiday.
Overnight, American stocks stood still, after the House of Representatives dared to pass a bill to repeal and replace Obamacare. Meanwhile, energy stocks declined, following crude, hitting a five-month minimum.
Additionally, energy shares turned to be the key laggards of the days, after oil reached a five-month minimum on the back of worries of a glut in supply.
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