1019 GMT - Anwar Ibrahim is the second-most mentioned person in the news over the past five hours, according to Factiva data, after the veteran politician was appointed as Malaysia's prime minister. The declaration by the king ended days of political uncertainty, after Saturday's general election resulted in no single coalition securing the majority needed to form a government. Mr. Anwar's Pakatan Harapan coalition won the most seats in the 222-seat lower house of parliament. Investors cheered the breakthrough, with local stocks rallying and the ringgit strengthening against the U.S. dollar. USD/MYR was recently 1.7% lower at 4.4950. The FTSE Bursa Malaysia KLCI Index advanced 4.0% to close at 1501.88. Dow Jones & Co. owns Factiva. (farah.elias@wsj.com)
(END) Dow Jones Newswires
11-24-22 0534ET
