SINGAPORE - Jardine Cycle & Carriage , which controls Indonesia's largest automotive distributor Astra International, may be in focus on Friday after Goldman Sachs upgraded the stock to 'buy' and raised its target price.

Sentiment is expected to be dampened by the fall in U.S. stocks on Thursday. A steeper-than-expected slide in U.S. June non-farm payrolls revived caution about economic recovery prospects and drove the S&P 500 down to its third-straight weekly loss.