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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.

Amazon Prime Day Goes Big: Why Investors Shouldn’t Miss the Real Deal

Amazon’s Prime Day 2025  isn’t just a shopping bonanza — it’s shaping up to be a  massive e-commerce and membership machine  with potential upside for investors. What’s New This Year? For the  first time , Prime Day runs  four full days  (July 8–11) across  20 countries . Analysts project  $21B+ in gross merchandise value , up  60%  from last year (BofA Securities). Adobe Analytics forecasts  $23.8B in total online retail spend  across the U.S. during the week —  more than 2x Black Friday 2024 . Not Just a Sales Event — A Strategic Win Amazon is expected to  boost both retail and ad revenue ,  attract millions of new Prime members , and  reinforce customer loyalty : 2024 saw  record-high Prime signups  leading into the event. A  Jefferies survey  shows  73% of U.S. consumers  hold Prime memberships — crushing  Walmart+ (26%)  and  Target Circle (22%) . "Prime Day ...