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.
Republican vice-presidential candidate JD Vance stated that Donald Trump would keep the US in NATO if reelected, but emphasized that the alliance must not become “just a welfare client.” In an interview on NBC's Meet the Press , Vance affirmed that Trump supports a strong NATO, but believes that European allies need to contribute more to the defense burden . "Donald Trump wants NATO to be strong. He wants us to remain in NATO,” Vance said, adding that the expectation is for NATO countries to carry their fair share. During his presidency, Trump consistently pressed European NATO members , particularly Germany , to increase their defense spending. Vance reiterated that Germany, as Europe's largest economy , needs to contribute more to security and defense within the alliance. He singled out the UK and a few other nations as the primary contributors alongside the US, underscoring the need for Germany to do more. When asked about Russian President Vladimir Putin , Vance s...