Stock markets in Japan and China declined Monday in light trading with most other Asian markets closed. The Shanghai Composite Index fell 0.8 percent to 3,085.82 and Tokyo's Nikkei 225 shed 0.1 percent to 19,416.03. Seoul's Kospi gained 0.1 percent to 2,037 and India's Sensex retreated 0.8 percent to 25,826.83. Markets in Hong Kong, Australia, Singapore, Indonesia and Malaysia were closed. The dollar declined to 117.18 yen from Friday's 117.32 yen. The euro rose to $1.0461 from $1.0453. Oil markets were closed for the year end holiday . On Friday, benchmark U.S. crude gained 7 cents to close at $53.02 per barrel on the New York Mercantile Exchange. Brent crude, used to price international oils, added 11 cents on Friday to close at $55.16 in London.