Asian Market Update : Epic Research Malaysia

Asian stock markets climbed for a fifth-straight session on Friday following yet another record close on Wall Street and after China released data showing the economy grew more than expected in the second quarter.

Traders were on course to end one of the best weeks this year on expectations central banks around the world will ramp up stimulus measures, while a strong reading on US jobs last week also fired up confidence.

The buying was given more impetus Friday when Beijing said the world's number two economy grew 6.7 per cent in April-June, better than the 6.6 per cent forecast in an AFP poll and the same as the previous three months.

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