Japanese stocks stumbled to a five-week low on Monday, marking a third straight day of losses, as Brexit woes sapped risk appetite and hit equities globally.
The benchmark Nikkei share average lost 3.5 percent to 16,019.18 points, its lowest since May 6. The Nikkei was dragged down by declines in index heavyweights like casual clothing retailer Fast Retailing Co Ltd and factory automation robot maker Fanuc Corp.
China stocks slumped more than 3 percent on Monday as weak investment data fuelled worries about the health of the Chinese economy and as global equity markets fell on fears that Britain may vote to leave the European Union.
Posting their biggest fall in nearly four months, the blue-chip CSI300 index slumped 3.1 percent to 3,066.34 points, while the Shanghai Composite Index tumbled 3.2 percent to 2,832.51 points.
June 13 - Hong Kong stocks suffered their worst day in four months with investors joining a global equity sell-off on lingering economic concerns and rising risks from the UK's possible exit from the European Union.
The Hang Seng index fell 2.5 percent, to 20,512.99, while the China Enterprises Index lost 2.4 percent, to 8,619.92points.
Reference: Reuters