Most of the Asian equity benchmarks are closed on Monday for Lunar New Year holidays. Japan's Nikkei share average fell after a stronger yen weakened export sentiment, while financial companies tumbled after data showed the US economy grew at a slower-than-expected pace. Investors also turned cautious amid global condemnation of US President Donald Trump's latest executive order that blocks refugees from seven predominantly Islamic countries from entering the US for a four-month period. Among the other Asian markets, Indonesia is higher and the markets in South Korea, Malaysia, Singapore, Taiwan, China and Hong Kong are closed for the Lunar New Year holidays.
Nikkei 225 was down by 108.89 points or 0.56% to 19,358.51.
On the flip side, Jakarta Composite was up by 3.10 points or 0.06% to 5,315.94.