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Tokyo's Nikkei index drops after Greek 'No' vote

AFP

Tokyo's benchmark stock index dropped 2.08 percent on Monday, as investors reacted to news that Greeks voted to reject austerity measures demanded by the cash-strapped nation's creditors.

The Nikkei 225 at the Tokyo Stock Exchange fell 427.67 points to close at 20,112.12.

The broader Topix index of all first-section shares was down 1.92 percent, or 31.73 points, to 1,620.36 as markets digested the vote results, which boost the odds of Greece tumbling out of the eurozone.

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