New Delhi: Stock markets around Asia plunged on Monday on fears over the coronavirus and the dive in oil prices. Also Read - Yorkshire County Cricket Club Places Players And Coaches on Furlough
In morning trade, the benchmark Nikkei 225 index dropped 5.10 percent or 1,058.06 points to 19,691.69, while the broader Topix index was off 5.01 percent or 73.69 points to 1,397.77. Also Read - Entertainment News Today, April 7: Aliens Actor Jay Benedict Passes Away Due to Coronavirus Complications
While Hong Kong’s Hang Seng index plunged 3.81%, Tokyo’s benchmark tumbled 4.7%. Chinese stocks also saw declines, with the Shanghai composite down about 2.2% while the Shenzhen component shed around 2.5%. The Shenzhen composite slipped 2.074%. Also Read - Coronavirus: Man Spits on Manipuri Woman in Mumbai's Kalina, Police Register FIR
Australia off more than five percent and equities in New Zealand and South Korea both down by just under three percent. Sydney and Seoul also were down at least 3%.
Global markets had already fallen heavily in recent weeks due to fears about the coronavirus, which claimed lives of more than 3500 people globally.
(With agency inputs)