Asian Market Update : Epic Research Malaysia

Asian stocks ended the week with another rally on Friday as optimism that central banks globally will step up to support growth in the face of uncertainty caused by Britain's vote to quit the European Union.

After the shock of last Friday's referendum sent world markets into initial freefall, they have surged over the past week as authorities moved to sooth concerns another rout was imminent.

South Korea's promise of US$17 billion in stimulus came as speculation swirled that Japan was planning to bolster its own multi-billion-dollar programme, while the chances of the US raising interest rates this year have all but evaporated.

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