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.
Nvidia CEO Jensen Huang has joined forces with Mukesh Ambani , Asia's richest man, to build artificial intelligence (AI) infrastructure in India , aiming to accelerate the country’s adoption of the transformative technology. The partnership was announced at Nvidia's AI summit in Mumbai , where the two executives revealed plans to leverage Nvidia's Blackwell chips in a major data center project spearheaded by Reliance Industries Ltd . The new 1-gigawatt data center in Gujarat will be among the first to deploy Nvidia's Blackwell chips, highlighting India's potential as a growing AI hub. Huang emphasized that India, already known for exporting software, will soon become a key exporter of AI. Other notable collaborations announced include partnerships with Infosys , Tata Consultancy Services , Flipkart , and Tech Mahindra , signaling Nvidia's deepening engagement with Indian industries. India’s expanding digital economy is attracting global tech giants like Mi...