Malaysia ETF Surges as Mahathir Takes Office

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Malaysian equities have been on a wild ride, with the Malaysia ETF surging on Monday after the opposition party surprised observers by winning the office for the first time in six decades. The iShares MSCI Malaysia ETF (NYSEArca: EWM) jumped 5.6% Monday, paring the previous week’s losses on the knee-jerk political risk selling in response [...]

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