You are here

Malaysia: Shares end higher on Friday

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 1.84 points to close at 1,615.01.

Some 1.66 billion lots valued at RM1.95 billion were traded. Gainers numbered 355 while losers numbered 381.