You are here

Malaysia: Shares end lower 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 lower on Friday with the Kuala Lumpur Composite Index losing 24.8 points to close at 1,596.82.

Some 2 billion lots, valued at RM2.2 billion were traded. Gainers numbered 148 while losers numbered 782.