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.
Geely Automobile Holdings Ltd. reported better-than-expected earnings for 2025 , as strong vehicle sales and internal restructuring helped the company close the gap with industry leader BYD Co. . Earnings Beat Driven by Strong Sales Growth Geely posted net profit of 16.85 billion yuan (US$2.4 billion) , slightly above market expectations of 16.5 billion yuan. Revenue surged 25% year-on-year to 345.2 billion yuan , supported by strong demand across its vehicle lineup. On an adjusted basis, excluding one-off items, profit jumped 36% , indicating improving operational efficiency. Vehicle deliveries rose nearly 40% to 3 million units , driven by popular models such as the EX2 hatchback (Xingyuan) and premium offerings like the Zeekr 9X SUV , which has led sales in the high-end segment. Market Share Gains Against BYD Geely has been steadily gaining ground on BYD, even outselling its rival globally in the first two months of 2026 , m...