Malaysian Shares Maintain Three-Day Winning Streak on Week's Close
Malaysian shares ended in the green on Friday, extending gains of the previous two sessions. The index mirrored an upbeat regional trend on the week's close.The FTSE Bursa Malaysia KLCI, the main gauge of Malaysian stocks, gained 4.50 points to end 0.3% higher at 1,724.90.In corporate news, shares of ITMAX System (KLSE:ITMAX) gained over 2% on Friday's close after it secured a deal worth 120 million ringgit from Dewan Bandaraya Kuala Lumpur for the supply, installation and maintenance of a smart street lighting system.Greenyield's (KLSE:GREENYB) rubber production totaled 281,883.7 kilograms in June. Shares ended flat on today's close.Protasco (KLSE:PRTASCO) said the hearing of stay applications and creditor's petition against Tey Por Yee and Ooi Kock Aun, has been rescheduled by the court to Aug. 18. Two judgment debtors had filed applications in Shah Alam High Court to stay bankruptcy proceedings.
