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.
Key Takeaway: Several international airlines have resumed flights to Bali following multiple eruptions of Mount Lewotobi Laki-laki that disrupted travel and forced cancellations. International flights to Bali have gradually resumed after the Mount Lewotobi Laki-laki volcano erupted , sending ash up to 10km into the air and causing widespread flight disruptions. Over 160 flights were canceled between Nov 4 and Nov 13, with 91 cancellations on Wednesday alone, according to Ahmad Syaugi Shahab, general manager of Bali’s Ngurah Rai airport. Virgin Australia confirmed it has resumed all scheduled flights, while Jetstar and Qantas have restarted some flights as conditions improved. However, 41 flights remain canceled , affecting routes from Singapore, India, Qatar, and Australian cities. The eruption on Nov 3 killed nine people , damaged over 2,000 homes, and led to the evacuation of 13,000 residents. Indonesian Vice President Gibran Rakabuming Raka is visiting the affected areas to ass...