Malaysian equities (EWM) and the ringgit respond to the National Front's election victory (I,II)...

|By:, SA News Editor

Malaysian equities (EWM) and the ringgit respond to the National Front's election victory (I,II) with strong rallies. The ringgit rises 1.6% early to 2.9865 against the greenback, its largest one-day jump in years. Meanwhile, the FTSE Bursa Malaysia KLCI index surges more than 4%.