**As of October 20, 2026, Malaysia’s 15th Parliament remains in session, with its term running until automatic dissolution around December 2027 unless Prime Minister Anwar Ibrahim seeks an earlier end.** Traders are focused on coalition dynamics within the unity government, where tensions between Pakatan Harapan and Barisan Nasional partners have prompted public calls for a fresh mandate. Recent state election results, including BN gains in Johor and Negeri Sembilan, alongside the November 14 Melaka vote following its September dissolution, serve as key tests of voter sentiment. The Registrar of Societies’ deregistration of opposition coalition Perikatan Nasional on October 20 adds pressure on rivals ahead of nominations. No firm dissolution timeline has been announced, though analysts note the possibility of polls in 2027 if internal strains persist or state outcomes shift momentum.