It's a banner day in Malaysian equity (EWM) and currency markets following the re-election of...


It's a banner day in Malaysian equity (EWM) and currency markets following the re-election of the ruling National Front coalition and Prime Minister Najib Razack's dominant UMNO party. The ringgit soars the most in three years and some individual stock names post double-digit gains on the session. The country's second largest bank, CIMB Group, has its best day in more than a decade. Across the region, Vietnamese equities (VNM) climb nearly 3% and Indonesian shares (IDX) rise 1.35% in Jakarta despite persistent inflation worries.

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Comments (1)
  • SO6-1
    , contributor
    Comment (1) | Send Message
     
    This general election is dirty and unfair....foreign workers were employed for fraud voting in Malaysian General Election
    6 May 2013, 08:18 AM Reply Like
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