HONG KONG—Asian shares rallied on Friday after two days of losses, but were still in a nervous mood as global investors grapple with how best to interpret central banks’ cautious moves to end stimulus, which also left currency markets quiet.
MSCI’s broadest index of Asia-Pacific shares outside Japan, gained 0.47 percent in early trading, but is still down around 0.8 percent compared to last week’s close, in line with the global trend.
