Bursa and ringgit strengthen, riding on BN's landslide win in Sarawak

KUALA LUMPUR: Bursa Malaysia and the ringgit both strengthened this morning following Barisan Nasional's (BN) landslide victory at the 11th Sarawak state elections as well as tracking Wall Street's upbeat performance on Friday. At the opening bell, the benchmark FTSE Bursa Malaysia Kuala Lumpur Composite Index opened 1.84 points higher at 1,651.20 from Friday's close of 1,649.36 as investors welcome the post-election exuberance. "The BN win should spur more interest in the stock market especiall