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.
Key Takeaway Japan’s economy grew faster than expected in Q2 2025 , with GDP revised to +2.2% annualized from an earlier estimate of 1.0%. The upside surprise was driven by stronger private consumption and exports, providing some support amid ongoing trade and political uncertainty. Details of the Revision Quarter-on-quarter growth: +0.5% (vs. +0.3% in the initial reading) Private consumption: +0.4% — households boosted spending, especially in services and retail Domestic demand: +0.2% annualized Exports: +2%, aided by a weaker yen , which improved overseas competitiveness Investor Implications Short-term lift: Stronger consumer spending and export momentum show resilience, giving policymakers breathing space. Caution ahead: Trade headwinds from U.S. tariffs and Japan’s political uncertainty (after PM Ishiba’s resignation) could weigh on Q3 performance. Market focus: Investors will watch whether consumption can stay stron...