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.
Key Takeaways S$1.65B in buybacks executed YTD through Sep 11, up ~80% from 2024. STI banks (UOB, DBS, OCBC) account for S$1.28B , or ~77% of total buybacks. Volatility in April drove S$425M in repurchases. New buybacks from AEM, Kingsmen Creatives, Jason Marine mark return after years. SINGAPORE, Sept 17 (SGX) — Share buybacks by Singapore-listed firms surged in 2025, with 76 primary-listed companies repurchasing S$1.65 billion worth of shares on the open market as of September 11. The figure represents a sharp rise from S$916 million in the same period last year , underscoring heightened capital management activity amid market volatility. Banks Lead the Charge The surge was largely driven by Singapore’s three largest banks: UOB (U11) : S$561M @ S$35.39 avg price DBS (D05) : S$371M @ S$42.77 avg price OCBC (O39) : S$349M @ S$16.67 avg price Together, they accounted for S$1.28B in buybacks , nearly triple their 202...