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.
U.S. stocks rose modestly on Friday, with the S&P 500 marking its fourth straight record close. Several individual names stood out as earnings and corporate actions drove large swings. Intel (INTC.US) Shares slid 8.9% despite beating revenue expectations with $12.9 billion in Q2 sales. The chipmaker posted an adjusted loss of 10 cents per share , missing estimates of a 1-cent profit, weighed down by restructuring charges. Intel also forecast Q3 revenue between $12.6–$13.6 billion and confirmed it has completed most of the planned 15% workforce reduction . Deckers Outdoor (DECK.US) Deckers surged 14% after fiscal Q1 earnings and revenue both topped forecasts. Revenue rose 17% to $964.5 million , beating expectations of $900 million. Hoka brand sales soared 20% , while UGG climbed 19% , both ahead of estimates. Centene (CNC.US) Centene gained 3.1% despite reporting a surprise adjusted...