Tuesday 12 July 2016

Asian Market Update : Epic Research Malaysia

Asian stocks climbed for a second day, with the regional benchmark index heading for its highest close in a month, as a tumbling yen sent Japanese equities higher and US shares rallied to an all-time high.

The MSCI Asia Pacific Index rose 0.9 per cent to 131.80 as of 9:06 am in Tokyo, heading for its highest close since June 8. Japan's Topix index climbed 2.2 per cent after the yen fell by the most since October 2014 as Prime Minister Shinzo Abe said he planned to add fiscal stimulus following the ruling coalition's election victory.

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