Elsewhere, Shanghai shed 2.3 percent, Sydney was down 1.35 by midday while Hong Kong ended the morning down 4.2 percent.
Philippine shares closed down 12.3 percent and Indonesian shares were off 6 percent.
US and European markets had already suffered heavy losses on Friday, with Wall Street’s Dow Jones index ending down 3.59 percent. Investors are braced for further turbulence this week.
Although the US Federal Reserve is expected to cut interest rates on Wednesday from 1.5 percent, Thursday also sees the release of US GDP figures for the third quarter which are likely to show a decline.
Other key indicators on both sides of the Atlantic and a flood of results and outlooks from US, European and Japanese companies are unlikely to add grounds for optimism.
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