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Malaysian Shares Extend Gains on Week's Close; Shares of Cypark Resources Rally Over 14%

MT Newswires ·  Mar 22 17:56

Malaysian shares ended in the green zone on Friday after a mixed trading session. The index extended gains from the previous session.

The FTSE Bursa Malaysia KLCI, the main gauge of Malaysian stocks, gained 0.98 points to end 0.06% higher at 1,542.39. The day ranged between 1,537.92 and 1,543.84.

In economic news, the international reserves of Bank Negara Malaysia stood at $113.4 billion as at March 15. The reserves position is sufficient to finance 5.4 months of imports of goods and services, and is one time of the total short-term external debt, the central bank said.

In corporate news, shares of the renewable energy and green technology provider Cypark Resources (KLSE:CYPARK) jumped over 14% today, and those of

Meanwhile, shares of Sunway Construction Group (KLSE:SUNCON) jumped about 7% on Friday's close.

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