KUALA LUMPUR, Nov 5 (Bernama) -- Bursa Malaysia closed higher, buoyed by Bank Negara Malaysia’s (BNM) decision to maintain the Overnight Policy Rate (OPR) at 2.75 per cent, alongside positive cues from Wall Street. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 19.30 points, or 1.19 per cent, to 1,635.86 from Wednesday’s close of 1,616.56. The benchmark index opened 6.72 points higher at 1,623.28, and fluctuated between an intraday high of 1,642.44 and a low of 1,622.62 during the trading session. However, market breadth was negative, with losers outnumbering gainers 723 to 497, while 466 counters were unchanged, 1,075 untraded and 10 suspended. Turnover rose to 3.74 billion units valued at RM3.61 billion compared with yesterday’s 2.81 billion units valued at RM2.57 billion.
KUALA LUMPUR, Nov 4 (Bernama) -- Bursa Malaysia closed lower today amid profit-taking in selected banking and telecommunications heavyweights, despite improved market breadth driven by renewed buying interest in small-cap technology stocks. Rakuten Trade Sdn Bhd vice-president of equity research Thong Pak Leng said that across the region, equities were mostly higher, with Hong Kong and mainland China staging a recovery as investors assessed the implications of a divided United States government. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) decreased 5.29 points or 0.32 per cent to 1,616.56 from yesterday’s close of 1,621.85. The benchmark index opened 1.46 points higher at 1,623.31, marking its intraday high, and subsequently hit a low of 1,614.34 during the mid-afternoon session. Market breadth was positive as gainers outpaced losers 645 to 441, while 520 counters were unchanged, 1,155 untraded, and 10 suspended.