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Nikkei, Kospi fall 2%; Asia-Pacific markets drop as negative sentiment remains - CNBC

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The Tokyo Stock Exchange (TSE), operated by Japan Exchange Group Inc. (JPX), in Tokyo, Japan, on Thursday, Oct. 29, 2020.

Kiyoshi Ota | Bloomberg | Getty Images

Shares in the Asia-Pacific fell sharply on Monday as negative sentiment continues to weigh in on markets.

The Nikkei 225 in Japan dropped 2.19% in early trade, and the Topix slipped 2%. South Korea's Kospi lost 2.3% and the Kosdaq shed 2.97%.

In Australia, the S&P/ASX 200 declined 1.94%. MSCI's broadest index of Asia-Pacific shares outside Japan was 1.19% lower.

The Reserve Bank of India's monetary policy committee is scheduled to meet later this week, and China is expected to release data on factory activity at the end of the week.

Onewo, a subsidiary of property developer China Vanke, is set to debut on the Hong Kong stock exchange this week as well.

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Nikkei, Kospi fall 2%; Asia-Pacific markets drop as negative sentiment remains - CNBC
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