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Market Daily Report: Bursa Malaysia Closes Higher On BNM’s OPR Decision, Wall Street Gains

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.
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Malaysia Bank Swift Code

What is Swift code? Swift code is known as ISO 9362 and is a standard format of Bank Identifier Codes approved by the International Organization for Standardization (ISO). It is the unique identification code of a particular bank. These codes are used when transferring money between banks, particularly for international wire transfers, and also for the exchange of other messages between banks. The codes can sometimes be found on account statements. The Swift code needs to be filled in a form whenever a person want to do International transfer, like wiring money from the United States to Malaysia. Other activities that requires the Swift code is withdrawing money from Paypal to Malaysia in local currency.


Below are the Swift code for most banks in Malaysia.

Malaysian Bank Swift Code

Affin Bank Berhad = PHBMMYKL
Alliance Bank Malaysia Berhad = MFBBMYKL
Ambank Berhad = ARBKMYKL
Bank Islam Malaysia Berhad = BIMBMYKL
Bank Kerjasama Rakyat Berhad = BKRMMYK1
Bank Muamalat Berhad = BMMBMYKL
Bank of America = BOFAMY2X
Bank Simpanan Nasional = BSNAMYKL
CIMB Bank Berhad = CIBBMYKL
Citibank Berhad Malaysia = CITIMYKL
Deustche Bank = DEUTMYKL
EON Bank Berhad = EOBBMYKL
HSBC Bank Malaysia Berhad = HBMBMYKL
Hong Leong Bank Berhad = HLBBMYKL
Malayan Banking Berhad = MBBEMYKL
OCBC Bank Berhad = OCBCMYKL
Public Bank Berhad = PBBEMYKL
RHB Bank Berhad = RHBBMYKL
Standard Chartered Bank Malaysia Berhad = SCBLMYKX
The Royal Bank of Scotland Berhad (RBS) = ABNAMYKL
United Overseas Bank Berhad = UOVBMYKL
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