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MalaysiaÆs stockmarket still on shaky ground

The ruling partyÆs inability to hold on to a majority in parliament raises concerns over the direction of much needed economic reforms.
In a surprise outcome on March 8, MalaysiaÆs ruling Barisan Nasional (National Front) coalition failed to maintain an expected two-thirds majority in parliament following the general election, losing five of the country's 13 states and 82 of its 222 parliamentary seats to opposition parties. The ruling party previously held on to the majority for the most part since 1957. The election results have spooked MalaysiaÆs stockmarket, which ended down 9.5% on March 10, with the benchmark Ku…
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