Malaysian shares rebounded on Friday to the week in green in line with a broader positive regional sentiment amid hopes that the US and China will reach a tread deal soon.

The FTSE Bursa Malaysia KLCI, the main gauge of Malaysian stocks, gained 3.76 points, to end 0.24% higher at 1,546.50. The day range was between 1,542.74 and 1,547.60.

In economic news, Malaysia's unemployment rate stood at 3.1% in March, unchanged from a month earlier, according to data released by the country's Department of Statistics (DoSM).

Moreover, the value of work done in Malaysia's construction sector rose 16.6% in the first quarter, softer than the 23.1% growth a month prior, according to data released by the DoSM.

In corporate news, Cuckoo International (MAL) (KLSE:CKI) is set to raise over 471 million ringgit via its initial public offering on the Main Market of Bursa Malaysia. The IPO of the home appliances, wellness products and lifestyle services provider involves a public issue of 143.3 million shares and an offer for sale of 222 million shares at 1.29 ringgit apiece.

Peoplelogy's (KLSE:PEOPLE) initial public offering (IPO) shares were oversubscribed by 1.24 times, ahead of its ACE Market listing. The integrated people development services provider received 1,940 applications for 25.5 million issue shares from the Malaysian public.

Shares of HHRG (KLSE:HHRG) rose 4% on Friday's close, as it dismissed its chief executive officer, Fong Chee Khuen on Thursday, citing serious misconduct and abuse of authority.