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Asia opens mixed; Nikkei gains 1.6%, Kospi down 0.7%Asia Market

Asia markets opened mixed on Monday, as traders continued to digest the UK’s unexpected vote to leave the European Union (EU). Australia’s ASX 200 dropped 0.91 percent in early trade; the financial subindex, which accounts for nearly half of the broader index, was down 2.19 percent, with major Australian banks down more than 1 percent each. Shares of ANZ dropped 3.11 percent, Commonwealth Bank of Australia down 1.85 percent, Westpac off 2.08 percent and NAB off by 2.44 percent. Bucking the trend was Japan, where the Nikkei 225 saw a 1.61 percent gain in early trade.

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