The FTSE Bursa Malaysia KLCI Index jumped 6.8% to a lifetime high of 1, 808.90 in early trade on Monday.
BBC: Malaysia vote: PM Najib Razak's Barisan Nasional wins
The KLCI is up 3.7% in 2013, including Monday's surge, compared with Indonesia's 16% gain and Thailand's 13% rise.
WSJ: Malaysian Shares Surge After Vote
Some are even predicting a further plunge from current levels, perhaps 15% to just 700 for the benchmark KLCI.
CNN: Business: Malaysia's Stock Market
The Bursa Malaysia KLCI was last up 3.2%, while the ringgit rose to its highest in almost two years against the dollar.
WSJ: Malaysia Outperforms Asia on Poll Result
The FTSE Bursa Malaysia KLCI Index jumped as much as 9.5% to a lifetime high of 1, 826.22 in early trade on Monday, before ending the day higher by 3%.
BBC: Malaysia's Anwar Ibrahim urges protest over poll defeat
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