Asian Market Update : Epic Research Malaysia

Asian markets mostly rose Friday, with Japan's Nikkei up for an eleventh straight session as the yen sat near 12-year lows against the dollar, while Shanghai fell for a second day after a breakneck rally.

The euro edged up but continues to face downward pressure over concerns that Greece and its creditors will not reach an agreement on reforming its bailout, with the head of the IMF warning the crisis could end with the country leaving the eurozone.

Tokyo rose 0.11 per cent, Sydney added 1.45 per cent and Seoul gained 0.36 per cent.

Shanghai plunged four percent at one point, extending its painful losses after a 6.5 per cent fall on Thursday on concerns about tighter rules for margin trading. However, the index recovered slightly to sit 2.00 per cent lower, while Hong Kong dipped 0.36 per cent.

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