Greece rejects Europe’s bail-out terms

Photo: Petros Karadjias/AP

The Telegraph reports:

Markets have opened down after news of the result in Greece.

Australia’s ASX S&P 200 fell 1.4 per cent to 5,462.60 shortly after trading began early Monday, while New Zealand’s benchmark slipped 0.6 per cent to 5,808.75. Shares were expected to take a hit across the region and beyond.

Japan’s Nikkei 225 stock index dropped 1.5 per cent shortly after the market opened Monday, but was trading down 1.4 per cent at 20,256.69 about a half-hour later. South Korea’s Kospi declined 0.9 per cent to 2,085.67.

Read full story: Greek referendum results