Asian Market Update : Epic Research Malaysia

Asian stocksjumped the most since March and South Korea's won surged after a bigger-than-expected pickup in US hiring damped concern the world's biggest economy is losing momentum. Gold rose, while oil declined.

The MSCI Asia Pacific Index rose to a one-month high. Japanese shares surged the most in four months and the yen fell for the first time in a week after Prime Minister Shinzo Abe's ruling coalition won an election, a show of support for his stimulus policies. The won strengthened by the most in three weeks, while gold and silver were near two-year highs. Crude dropped toward US$45 a barrel after a report showed American producers are activating more rigs.

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