Asian markets settled mostly higher on Monday tracking Wall Street gains last Friday and both the dollar and bond yields showed weakness after US President-elect Donald Trump has chosen wealthy hedge fund manager Scott Bessent to be his Treasury secretary. Japanese shares gained ahead of November inflation numbers from the capital city of Tokyo, due to be released later in the week. Seoul shares rose led by technology and battery shares, and ahead of Bank of Korea's interest-rate decision on Wednesday. However, Chinese shares declined ahead the release of NBS PMI data this week, which could impact business conditions amid recent stimulus and tariff concerns. Market sentiments weakened further as Chinese central bank PBoC kept a key policy rate unchanged in November and drained billions in liquidity from the financial system via a medium-term liquidity management tool.
| Asian Indices | Last Trade | Change in Points | Change in % |
| Shanghai Composite | 3,263.76 | -3.43 | -0.11 |
| Hang Seng | 19,150.99 | -78.98 | -0.41 |
| Jakarta Composite | 7,314.11 | 118.54 | 1.62 |
| KLSE Composite | 1,597.45 | 7.67 | 0.48 |
| Nikkei 225 | 38,780.14 | 496.29 | 1.28 |
| Straits Times | 3,731.39 | -14.63 | -0.39 |
| KOSPI Composite | 2,534.34 | 33.10 | 1.31 |
| Taiwan Weighted | 22,948.37 | 44.05 | 0.19 |
