Asian Market Update : Epic Research Malaysia

Most stock markets turned negative early Tuesday on profit-taking following a week-long rally but Tokyo headed for a sixth-straight gain as a weak yen boosted exporters.

The rally in Japan's export sector was enough to offset a more than 10 per cent plunge in mobile giant Softbank, which was being hammered after agreeing a US$32 billion deal to buy a British chip designer.

Hopes for fresh global central bank stimulus, coupled with forecast-beating readings on US jobs and retail sales, have provided some much-needed optimism after last month's shock vote by Britain to leave the European Union.

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