Malaysian stocks rebound amid calmer political situation


Dr Mahathir is expected to be made the 8th Prime Minister, as apparently he has the most support from the 222 Members of Parliament. - AP

KUALA LUMPUR, Feb 25 (The Star/ANN): Malaysian stocks and currency rebounded Tuesday (Feb 25) morning after the King appointed former Prime Minister Tun Dr Mahathir Mohamad as the interim PM to ease the political crisis.

At noon break, the key FTSE Bursa Malaysia KLCI (FBM KLCI) rose 10.67 points or 0.7% to 1,500.73. Bernama reported that the market was backed by institutional investors.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Malaysia , politics , stocks , KLCI , Mahathir , government

Next In Regional

Jimmy Lai to be sentenced on Monday in Hong Kong national security trial
Chinese AI firms defend safety practices, push back on Western criticism
Chinese AI goes next level in geometry at a top US maths Olympiad
Chinese quadriplegic runs farm with just one finger
Hotels allege predatory pricing, forced exclusivity in�Trip.com antitrust probe
DeepSeek technique to improve AI’s ability to ‘read’ long texts questioned by new research
Uber’s quest to crack Japan leads through a rural hot-springs town
Inside China's buzzing AI scene year after DeepSeek shock
OpenAI expects another ‘seismic shock’ from China amid speculation of new DeepSeek release
An app’s blunt life check adds another layer to the loneliness crisis in China

Others Also Read