Asian Market Update : Epic Research Malaysia

Asian shares inched back from one-year peaks on Monday as a rally in Chinese stocks helped offset news of Japan's economic growth slowing to a halt last quarter.

China's blue-chip CSI300 Index rose 1.3 per cent to a seven-month high and Shanghai added 0.9 per cent amid talk more stimulus would be forthcoming from Beijing.

The need for further policy action in Japan was underlined by the subdued economic reading, leaving the Nikkei dithering either side of flat.

MSCI's broadest index of Asia-Pacific shares outside Japan recouped early losses to stand steady. It has climbed almost 14 per cent since late June when Britain's vote to leave the European Union unleashed a new wave of global policy stimulus, led by aggressive action from the Bank of England.

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