Asian markets appeared to have lost some of its momentum on Thursday, trading mixed at the open, after US stocks closed near the flatline but still managed to make it further into record territory.
Australia's ASX 200 was up 0.23 percent, boost by a 0.42 percent increase in the heavily-weighted financials subindex. In Japan, the benchmark Nikkei 225 was up 0.31 percent, while the Topix was up 0.3 percent. Across the Korean Strait, the Kospi was down 0.19 percent.
"In recent days risk sentiment has been buoyed by the expectation of further stimulus and the lack of new news overnight appears to have taken the wind out the market's sails," Rodrigo Catril, a currency strategist at the National Australia Bank, said.
"Expectations of stimulus need to be backed up with some action and now the risk of disappointment is starting to rise." Markets have rebounded in recent sessions on the expectation of further stimulus measures in Japan and in the UK.
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"In recent days risk sentiment has been buoyed by the expectation of further stimulus and the lack of new news overnight appears to have taken the wind out the market's sails," Rodrigo Catril, a currency strategist at the National Australia Bank, said. 
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