Asian equity markets were mixed on Friday following weak economic data and as oil prices extended their slide.
For November, the Shanghai Composite rose nearly 11 percent, making it one of Asia's best performing indices.
Airline stocks rallied while energy producers suffered as Brent crude hovered near a four-year low hit in the previous session following OPEC's (The Organization of Petroleum Exporting Countries) decision not to cut production on Thursday.
"While a weaker oil price is in theory positive for the global economy as it encourages a wealth transfer from producers to consumers, it seems in the short term it presents significant challenges for some key central banks. The reality is major central banks have been trying to push inflation higher and oil prices will make this difficult to achieve," said Stan Shamu, market strategist at IG.
On the data front, Japanese October consumer price inflation slowed to its lowest level in a year and South Korean industrial output unexpectedly declined in October.
The absence of a U.S. lead also damped sentiment. Wall Street was closed for the Thanksgiving holiday on Thursday and will reopen on Friday for a shortened session.