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.
Singapore’s non-oil domestic exports (NODX) posted a surprise rebound in September, rising 6.9% year-on-year after two straight months of contraction, even as looming U.S. tariffs threaten key sectors of the economy. The figure sharply beat economists’ expectations of a 2.0% decline and reversed from August’s 11.5% drop , according to Enterprise Singapore on Friday. Electronics Lead the Recovery Shipments of electronics — a cornerstone of Singapore’s manufacturing and export base — surged 30.4% year-on-year , following a 6.5% fall in August. Non-electronics exports rose 0.4% , rebounding from a 13.3% contraction in the previous month. Key contributors included non-monetary gold and specialized machinery , which climbed 82.7% and 14.1% respectively. Mixed Performance Across Key Markets Exports to Hong Kong, Taiwan, and China increased in September, while shipments to the U.S., EU, ...