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.
Bitcoin reached new highs, breaking $100K and peaking at $104K , while equity markets retreated slightly from record levels on Thursday. Market Performance S&P 500 Index (.SPX.US): Fell 0.19% . Dow Jones Industrial Average (.DJI.US): Dropped 0.55% . Nasdaq Composite Index (.IXIC.US): Declined 0.18% . Investors await unemployment data on Friday, following continuing jobless claims that remained steady at 1.87 million , aligning with expectations. Bitcoin’s Record Surge Bitcoin's breakthrough of the $100K milestone garnered significant attention. However, Bitcoin-related stocks were volatile: Coinbase (COIN.US): Rose 5% at the open but closed down 3% . MicroStrategy (MSTR.US): Climbed 9% before ending the day down 4% . Commodities and Yields Crude Oil Futures (JAN5): Steady at $68/barrel after OPEC+ opted to maintain its current production cuts. Gold and Silver: Declined modestly. Treasury Yields: U.S. 2-Year Notes: Rose. U.S. 10-Year Notes: Increased. Stock Movers...