Asian Markets Plummet as Trading Resumes

Markets in Asia began the week on a shaky footing, with significant declines observed immediately following Monday’s resumption of trading. The Nikkei 225 index plummeted by 1.9%, marking a strong start to a day fraught with uncertainty. South Korea’s KOSPI also experienced sharp losses, dropping 4.3% at the market open. The downward momentum was triggered by pre-trading drops in both the Nikkei 225 and TOPIX futures, leading to circuit breakers that temporarily halted trading activities.