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.
Quick Summary French wine and spirits exports fell for a second straight year , hit by weak global demand , trade wars , and policy headwinds from the US and China . What Happened Exports dropped 8% to €14.3 billion in 2025 Down from €15.6 billion in 2024 Export volumes fell ~3% , signalling both price and demand pressure According to France’s wine and spirits exporters federation (FEVS), the downturn reflects geopolitical tensions, trade conflicts, currency swings, and declining consumer confidence . Where the Pain Is Coming From Exports to China: -20% , after Beijing imposed anti-dumping measures on EU brandy Exports to the US: -21% , following tariffs imposed under the Trump administration Key issue: Two of France’s biggest buyers are simultaneously pulling back. Structural Challenges Add Pressure France’s wine industry is also grappling with: Weak global alcohol consumption trends Extreme weather affecti...