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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.

“Story Stocks” Are Lighting Up 2025. But Will the Ending Be a Crash Landing?

In 2025, U.S. investors aren't just buying earnings — they’re buying  dreams . From AI to autonomous driving to next-gen healthcare, stocks with compelling narratives — but little to no profits — are  exploding . The rally is fueled by retail enthusiasm, social media buzz, and a fear of missing out on “the next Nvidia.” But as history shows, markets that run on momentum and dreams can turn into  nightmares  when sentiment shifts. Top Performers, Thin Profits Among the  top 10 gainers  in the Russell 3000 index this year,  most aren’t profitable . Aeva Technologies (AEVA)  is up  500%+ , despite reporting  four straight quarters of losses . OptimizeRx (OPRX)  tripled in value this year — but has only been profitable in one of the past four quarters. Fact:  45 of the top 50 stocks by YTD gains in the Russell 3000 posted at least  one quarterly loss  in the past year (FactSet). “A good story and a bit of price momentum h...