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.
Asian markets advanced on Monday amid renewed optimism that the US government shutdown may soon end , boosting investor sentiment across the region. The MSCI Emerging Asia and Asia ex-Japan indices both rose over 1% , while a global emerging market gauge reached a two-week high . Gains were fueled by reports that the US Senate is preparing to vote on a short-term funding measure through January 2026, paired with full-year spending bills to reopen the government. “While the reopening restores critical services and eases uncertainty, the rebate plan’s feasibility remains dependent on congressional approval and tariff revenues,” said Tony Sycamore , market analyst at IG Australia. Regional Highlights: Indonesia’s benchmark index gained 1% , setting a new all-time high . Taiwan rose 1.2% , nearing its record peak from Nov 4. South Korea’s Kospi jumped 3.5% , recovering nearly al...