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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.

Singapore Morning Wrap | Q3 GDP Growth Slows to 2.9%, Still Beats Forecasts as Manufacturing Cools

 Key Highlights Singapore shares open higher  on Tuesday, tracking U.S. market rebound U.S. stocks rally  as trade tensions ease Gold and silver hit record highs  amid rate-cut speculation Singapore Q3 GDP  slows to 2.9% but beats estimates Young workers prioritise team dynamics, pay, and career growth Market Snapshot FTSE Straits Times Index (STI):  4,412.56 (+0.52%) Volume / Value:  32.57M / S$53.50M Advancers / Decliners:  112 / 23 Global Markets U.S. Markets Rebound as Trade Tensions Ease Wall Street rallied sharply on Monday after signs of improving U.S.–China relations. The  Nasdaq Composite  rose 2.2% to 22,694.61, while the  S&P 500  and  Dow Jones Industrial Average  gained 1.6% and 1.3% respectively. Investor sentiment improved after President Trump said he was confident about resolving trade issues with China. Gold and Silver Surge to Record Highs Persistent concerns over the 13-day U.S. government shut...