Bursa Malaysia takes off on PM announcement


KUALA LUMPUR: Bursa Malaysia rocketed to a new intra-day high as the announcement that a new Prime Minister had been elected cast off fears of further delay in forming a new government.

Following a meeting between the nation's Rulers, the Palace announced that Yang di-Pertuan Agong Al-Sultan Abdullah Ri’ayatuddin Al-Mustafa Billah Shah had consented to the appointment of Tambun member of Parliament Datuk Seri Anwar Ibrahim as Malaysia's 10th Prime Minister.

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