The Straits Times Index closed down 47.70 points at 3,026.45.
KUALA LUMPUR
Malaysian share prices closed 0.8 percent lower as cautious investors sold down on selected bluechips.
The composite index lost 10.87 points at 1,357.40.
BANGKOK
Thai share prices closed 0.43 percent higher on gains in energy stocks but buying was limited as investors waited for a central bank announcement on ending currency controls.
The announcement was made moments after the market closed.
The composite index rose 3.64 points to 845.76.
MANILA
Philippine share prices closed 0.6 percent higher on Friday as cautious optimism over corporate results outweighed domestic political concerns.
The composite index added 17.14 points to 3,129.99.
WELLINGTON
New Zealand share prices closed flat as solid reporting from some companies was countered by a broader market weakness.
The NZX-50 index gained a mere 3.15 points to 3,582.72.
MUMBAI
Indian share prices fell 1.38 percent as India's Congress party-led government announced a populist pre-election budget, including a US$15 billion loan bailout for small farmers.
Dealers said the market also reacted negatively to a proposal to raise the tax on short-term capital gains to 15 percent from 10 percent.
The 30-share SENSEX index fell 245.76 points to 17,578.72.
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