Asian markets had an uninspired finish on the final trading day of 2015, as investors kept an eye on oil prices for further clues going into 2016, after a turbulent year for stocks.
The Australian market, which closed early, shed over 2 percent for the year as lower commodity prices hit many stocks on the main index.
In China, markets were mostly down as both the Shanghai and the Shenzhen Composite ended in the red.
Despite the negative finish on Thursday, the Shenzhen Composite remained the region's best performer with year-to-date gains of 63.2 percent. The index, relatively less known than the Shanghai Composite, boasts smaller companies covering new-economy sectors such as healthcare, Internet and technology, compared to Shanghai's state-owned giants.
The benchmark Shanghai Composite, meanwhile, closed 9.4 percent higher on the year.