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 Stock Exchange of Thailand (SET) is adopting artificial intelligence (AI) tools to enhance its monitoring of listed companies , aiming to address rising cases of corporate fraud and restore investor confidence . AI tools will enable faster detection of irregular share price movements and trading patterns , providing timely warnings to investors, according to SET President Asadej Kongsiri . Currently, the exchange processes up to 300 daily reports on possible corporate misconduct, and AI will streamline supervision while reducing delays in enforcement. The move follows high-profile fraud allegations involving companies like Energy Absolute Pcl and Stark Corp , which, combined with concerns over illegal short selling and political turmoil , have left Thailand’s benchmark stock index trailing its Southeast Asian peers. As part of ...