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.
MALAYSIA WILL ONLY SIGN TPPA IF BENEFICIAL Malaysia will only sign TPPA if beneficial Minister in the Prime Minister's Department Datuk Seri Abdul Wahid Omar said Malaysia will only agree to the Trans Pacific Partnership Agreement (TPPA) if the terms are beneficial to the country. "Malaysia will only enter into the TPPA if it is mutually beneficial, on terms that we can agree to," said Wahid. He said that the agreement touches various issues, such as the Bumiputera policy, government procurement and state-owned enterprises. "The text will be finalised over the next 30 days or so. After that, it will be made public and it will go for tabling in parliament," he said. AGC SAY NO TO BANK NEGARA's REQUEST AGC: No offence by 1MDB The Attorney General's Chambers (AGC) has decided that no offence was committed by 1Malaysia Development Berhad (1MDB) based on an investigation paper (IP) by Bank Negara and no further action sh...