Asia-Pacific markets continued their selloff ahead of a week of inflation readings from across the region and South Korea’s third-quarter gross domestic product numbers.
Markets in Hong Kong and New Zealand were closed for holiday.
In Japan, the Nikkei 225 lost another 259.81 points, or 0.8%, to conclude Monday at 31,259.36, the third time the index closed below the 31,000 mark this month. Before October, it has held above 31,000 since May.
Australia will release inflation figures for September on Wednesday, while Japan will release Tokyo’s inflation numbers on Friday. Tokyo’s inflation is considered a leading indicator of nationwide figures.
Singapore saw its September inflation rate rise slightly to 4.1% from 4% in August, in line with expectations.
In other markets
In Shanghai, the CSI 300 sank 36.35 points, or 1%, to 3,474.24, its lowest closing level since February 2019 at 3,474.24.
In Taiwan, the Taiex tumbled 189.36 points, or 1.2%, to 16,251.36.
In Korea, the Kospi index deleted 17.98 points, or 0.8%, to 2,357.02.
In Singapore, the Straits Times Index faded 23.33 points, or 0.8%, to 3,053.36.
In Australia, the ASX 200 dropped 56.65 points, or 1.2%, to 6,844.08.
