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Showing posts with the label UnitedHealth Group

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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.

Buffett Makes Bold Bet on UnitedHealth, Dumps T-Mobile

Warren Buffett’s Berkshire Hathaway  has taken a fresh $1.6B position in  UnitedHealth Group (UNH) , snapping up  5 million shares  in Q2 2025, according to SEC filings. The disclosure sent  UNH  shares surging  up to 9.6% in post-market trading . The move comes despite UnitedHealth navigating turbulence — from rising medical costs to leadership shakeups, including a CEO replacement and plans for a new CFO. The health insurer also reported its first earnings miss in over a decade earlier this year. Portfolio shake-up highlights : Exit : Sold entire $1B stake in  T-Mobile US (TMUS) . Apple (AAPL) : Trimmed by 20M shares, still Berkshire’s largest holding despite a $9.2B value drop in Q2. Bank of America (BAC) : Cut stake by 26M shares to ~8%. Kraft Heinz (KHC) : No change, despite earlier $3.8B impairment charge. Homebuilders : Added  Lennar (LEN) , reduced  D.R. Horton (DHI) . Steel : Boosted stake in  Nucor (NUE) . The filing also ...