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Market Daily Report: Bursa Malaysia Closes Higher On BNM’s OPR Decision, Wall Street Gains

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.

New Mara Digital stores in Damansara, Shah Alam, says Ismail Sabri

Source: The Malaysian Insider KULA LUMPUR (Jan 4): Mara Digital will open new Bumiputera-only ICT stores in Damansara and Shah Alam by June, Rural and Regional Development Minister Datuk Seri Ismail Sabri Yaakob says today. “I don’t think we need to wait any further because we are confident that Mara Digital can be part of the healthy competition. “By offering quality products, good service and good prices, I believe opening more stores in other places will not be a problem,” the minister told reporters after a visit to Mara Digital in Kuala Lumpur today. He said the new digital store in Damansara was expected to open in March or April but did not give the location. Mara Digital was opened last month at the headquarters of the federal agency tasked with empowering the economic and social development of rural areas. It came about following fighting at popular digital mall Low Yat Plaza in Bukit Bintang last July, where a handphone theft sparked racially charged brawls. Wh...