The S&P/ASX 200 lost 71.2 points to end at 6,088.5.
SINGAPORE
Share prices closed barely lower following losses on Wall Street as concerns over the fallout from the US subprime mortgage crisis persisted.
The Straits Times Index fell 1.46 points to 3,369.45.
MUMBAI
Indian share prices rose 1.84 percent, as fears eased that a row between the government and its communist allies over a nuclear deal with the US would trigger early elections.
Dealers said there was fresh buying by local and overseas funds even though global market trends were mixed.
The SENSEX rose 260.89 points to 14,424.87.
KUALA LUMPUR
Malaysian share prices closed 0.8 percent lower on profit taking amid low trading volumes as investors remained cautious over the impact of US subprime credit fears.
The composite index lost 10.10 points to 1,273.52.
BANGKOK
Thai share prices closed marginally lower as other regional stocks consolidated following overnight weakness on Wall Street amid lingering fears over a US credit squeeze.
The composite index shed 0.78 points to 790.92.
MANILA
Philippine share prices closed 0.7 percent lower as Wall Street's weakness prompted investors to lock in recent gains ahead of a long weekend. The composite index gave up 22.21 points to 3,206.94.
WELLINGTON
New Zealand share prices fell 0.90 percent on Friday as caution returned after four days of gains following last week's turmoil.
The NZSX-50 index fell 36.67 points to 4,052.45.
RSS