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.
Here’s a recap of Monday’s corporate highlights: Sime Darby Property Bhd (KL:SIMEPROP) Data Centre Lease Agreement : Signed a 20-year lease worth up to RM5.6 billion with Pearl Computing Malaysia Sdn Bhd . Location : Facilities at Elmina Business Park , Klang Valley’s largest freehold industrial hub. Strategic Move : Boosts recurring income and investment and asset management (IAM) segment, which contributed 3% of RM3.27 billion revenue in the first nine months of 2024. Yinson Holdings Bhd (KL:YINSON) Joint Venture with PTSC : Secured a 10-year contract worth up to US$416 million (RM1.8 billion) for an FSO vessel in Vietnam. Timeline : Operations begin in 4Q 2026 , with options for a five-year extension. T7 Global Bhd (KL:T7GLOBAL) Pan-Malaysia Contract : Awarded a five-year MCM and HUC contract by Jadestone Energy for Package B3 , running until 2029 . Track Record : Third such contract for T7 Global, following previous awards from ExxonMobil and IPC Malaysia . Pesona Met...