Asian Market Update : Epic Research Malaysia

Asian markets extended recent gains Monday as investors awaited the release of key US jobs data at the end of the week, while Shanghai surged after China approved three private banks as part of an economic reform drive.

The euro struggled to break out from multi-month lows against the dollar and yen following another weak set of data that raised concerns about the eurozone.

Tokyo rose 0.47 per cent by the break, Hong Kong added 0.48 per cent, Shanghai gained 0.81 per cent and Seoul was 0.33 per cent higher while Sydney was flat.

Jakarta, Singapore and Kuala Lumpur are closed for public holidays.

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