Prime Minister Najib Razak on Monday took his oath as Malaysia's leader after the ruling National Front coalition won the weekend's election, extending its 56-year hold on power, but with fewer seats than in 2008. Najib, 59, was sworn into office by King Abdul Halim Mu'adzam Shah at the Istana Negara in Kuala Lumpur, according to a report of DPA. The National Front won 133 parliamentary seats, seven fewer than previously, while the opposition People's Alliance won 89 seats, the final tally by the elections commission showed. The stock market surged by as much as 6.8 per cent Monday, after the polls were conducted peacefully. Prime Minister Najib Razak hailed the election result, and called for "national reconciliation." "We are looking forward to reject political and racial extremism, and work towards a more moderate and accommodating environment."
