Japanese equities ended the session deep in the red as the Nikkei 225 dropped 5.24% by the close.

Japanese stocks tumbled on Monday, with the Nikkei 225 plunging 5.24% as heavy losses in transport, communication, and paper sectors dragged the market down.

While Rohm Co., Ltd. stood out with a 7.12% gain, major decliners like Resonac Holdings Corporation and Advantest Corporation dropped sharply.

Market volatility spiked, oil prices surged above $100, and the USD/JPY climbed to 158.63, adding pressure to the market. 📉#Japan#