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.
The Dewan Rakyat will discuss the proposed MyKad mechanism to verify eligibility for RON95 fuel subsidies and address related concerns, such as issues with defective MyKad chips. Suhaizan Kaiat (PH-Pulai) will question Economy Minister Rafizi Ramli on this subsidy verification approach during the minister's question time. Other key topics include: East Coast Rail Link (ECRL) Biodiversity Impact: Shaharizukirnain Abd Kadir (PN-Setiu) will question Natural Resources and Environmental Sustainability Minister Nik Nazmi Nik Ahmad about efforts to mitigate the ECRL project’s impact on forest reserves, which has led to wildlife entering nearby villages, affecting residents. Gaza Humanitarian Aid: Mordi Bimol (PH-Mas Gading) will inquire about Malaysia's stance on the Gaza humanitarian crisis and the type and amount of aid allocated by Foreign Affairs Minister Datuk Seri Mohamad Hasan . Halal Certification Issues: Datuk Mohd Isam Mohd Isa (BN-Tampin) will ask Prime Minister...