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.
Tesla (TSLA.US): Riding High on FSD Hype Stock Movement : Tesla's stock surged 3% in Monday's trading session. Options Activity : Most Traded Calls : $360 strike price expiring Dec. 6 , with: Volume : 122,601 contracts . Open Interest : 44,139 contracts . Investors are enthusiastic about Tesla’s Full Self-Driving (FSD) update, which is seen as a significant step toward CEO Elon Musk’s Robotaxi vision . Analyst Update Stifel Analyst Stephen Gengaro : Raised Tesla’s stock price target, now the highest on Wall Street , citing FSD's AI-driven potential . FSD is expected to play a pivotal role in Tesla’s long-term growth narrative. Legal Developments Elon Musk’s Pay Package : A Delaware judge reaffirmed that Tesla must rescind Musk’s multibillion-dollar pay package , rejecting an appeal from Musk’s attorneys. Unusual Options Activity: Super Micro Computer (SMCI.US) Puts Activity : $42 strike puts topped volume-to-open-interest rankings with: Volume/Interest Ratio : 165.5x ....