Asian equity markets closed mostly lower on Monday, as investors remain focused on the mid-week decision from the US Federal Reserve. Japan markets closed in negative territory as global oil prices extended their decline. However, Chinese markets closed in positive territory due to encouraging industrial output and retail sales data illustrating signs of stabilization in the world's second-largest economy, and the China Foreign Exchange Trade System (CFETS), a division of the country's central bank, said the yuan could remain stable in medium to long term. China's industrial output grew 6.2% year- over-year in November, the highest level since June, and retail sales jumped 11.2% to beat forecasts, offering some respite for markets worried about the economy.
| Asian Indices | Last Trade | Change in Points | Change in % |
| Shanghai Composite | 3,520.67 | 86.09 | 2.51 |
| Hang Seng | 21,309.85 | -154.20 | -0.72 |
| Jakarta Composite | 4,374.19 | -19.33 | -0.44 |
| KLSE Composite | 1,629.96 | -10.18 | -0.62 |
| Nikkei 225 | 18,883.42 | -347.06 | -1.80 |
| Straits Times | 2,815.04 | -19.59 | -0.69 |
| KOSPI Composite | 1,927.82 | -20.80 | -1.07 |
| Taiwan Weighted | 8,040.16 | -75.73 | -0.93 |