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Malaysia: Shares end higher

Malaysian stocks recorded their biggest advance in two years, led by a rally in state-controlled companies, after Prime Minister Najib Razak said the government will tap a fund to support the nation's equities.

MALAYSIAN shares ended higher on Friday with the Kuala Lumpur Composite Index adding 23.22 points to close at 1,723.14.

Some 1.68 billion lots, valued at RM2.01 billion were traded. Gainers numbered 467 while losers numbered 365.