Asian Market Update : Epic Research Malaysia

Most Asian markets rose Wednesday after a succession of losses but fears Britain will leave the European Union are keeping traders on edge, while Shanghai swung after index compiler MSCI again refused to include it in its list of key benchmarks.

Investors from the Americas to Asia have been fleeing for the exit over the past week as a succession of opinion polls put Britain's "Leave" camp in front as the June 23 vote approaches.

The prospect of one of the big three economies leaving the bloc has led to warnings of a bloodbath on global trading floors, just as dealers struggle to recover from a China-fuelled rout that wiped out trillions of dollars at the start of the year.

"We have anxiety over Britain leaving the EU," Chihiro Ohta, a senior strategist at SMBC Nikko Securities, told Bloomberg News.

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