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.
Broad-Based Gains Across Majors Cryptocurrencies surged on Thursday, buoyed by investor expectations that the US Federal Reserve will cut interest rates next week. Bitcoin (BTC) jumped 1.46% to $115,626.25 , climbing above the $116,000 level for the first time in nearly three weeks, while Ethereum (ETH) advanced 3.33% to $4,516.40 , its highest in two weeks. Other major tokens also participated in the rally: XRP rose 1.95% to $3.05 , Solana (SOL) gained 2.96% to $232.03 , and Dogecoin (DOGE) outperformed with a 5.88% jump to $0.2610 . ETF Inflows and Market Sentiment Spot Bitcoin exchange-traded funds (ETFs) saw inflows of more than $757 million on Thursday — the largest since mid-July — further supporting risk appetite. The Crypto Fear & Greed Index flipped from “Neutral” to “Greed,” reflecting improved sentiment. Bitcoin’s market dominance slipped to 57.4% , whil...