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Malaysia: Shares end lower on Monday

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 Monday with the Kuala Lumpur Composite Index losing 24.28 points to close at 1,572.54.

Some 2.06 billion lots, valued at RM1.95 billion were traded. Gainers numbered 149 while losers numbered 836.