Asian Shares Mixed In Volatile Trade

Asian shares closed on a mixed note on Friday as Chinese stocks swung widely in volatile trade after the previous session’s sharp sell-off. While Australian shares rallied on the back of strong performance by banks and miners, the major markets elsewhere across the region showed lackluster movements ahead of a batch of U.S. economic data due out tonight that could provide fresh hints on the timing of a possible interest-rate hike by the Federal Reserve.