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.
Asian markets eased on Tuesday as investors stayed cautious ahead of this week’s Federal Reserve symposium in Jackson Hole , while European futures ticked higher on fresh diplomatic signals in the Russia-Ukraine conflict . Asia Market Moves Japan’s Nikkei hit a new intraday record high before pulling back, closing 0.5% lower . SoftBank shares plunged 5% after announcing a US$2 billion investment in Intel , dragging the index. MSCI Asia-Pacific (ex-Japan) dipped 0.2% , following mild losses on Wall Street overnight. Oil prices slipped: US crude fell 0.2% to US$63.29 . Gold inched higher at US$3,334.9/oz , showing safe-haven demand. European Futures Higher Optimism rose after Ukrainian President Volodymyr Zelenskiy said security guarantees for his country may be finalized within 10 days following talks with US President Donald Trump and European leaders. Euro Stoxx 50 fu...