TOKYO - Greece's foray into the unknown with its rejection of terms set by its international creditors is jolting markets as investors react to looming uncertainties.
Japan's Nikkei 225 stock index dropped 1.5% shortly after the market opened Monday, but was trading down 1.4% at 20,256.69 about a half-hour later. South Korea's Kospi declined 0.9% to 2,085.67.
Elsewhere, Australia's ASX S&P 200 fell 1.4% to 5,462.60 shortly after trading began early Monday, while New Zealand's benchmark slipped 0.6% to 5,808.75. Shares were expected to take a hit across the region and beyond.
With all votes counted, results showed 61% of Greek voters opted to reject the demand for further austerity measures, while 38% said "yes."
A summit of euro zone leaders was due Tuesday to discuss next steps. While Greece's economy is relatively small, the vote could result in it abandoning the euro if the country must issue its own currency to alleviate a cash crunch.