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 and European stocks climbed on Tuesday, buoyed by Wall Street’s overnight surge led by tech stocks, while the US dollar softened after Monday’s gains. Market Highlights Asian Markets Japan’s Nikkei 225 rose 1.91% , driven by tech-sector strength. The MSCI Asia Index (ex-Japan) gained 1.16% , while Australia's benchmark hit an all-time high, ending up 0.56% . European Markets Early trading saw the Stoxx 600 up 0.62% , with France’s CAC 40 advancing 0.94% after underperforming on Monday due to political instability. US Futures Both S&P 500 and Nasdaq futures remained flat after reaching record highs on Monday. Key tech stocks: Meta Platforms surged nearly 19% . Tesla jumped 12% but dipped 1% in post-market trading following a Delaware court ruling against Elon Musk's compensation package. Currency Movements The dollar index fell 0.15% , while the euro rebounded 0.24% to $1.0524 and the pound climbed 0.27% to $1.2692 . The Chinese yuan slid to a 13-mon...