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.
Financial Performance & Challenges WCE Holdings Bhd (WCEHB) reported a net loss of RM88.56 million in 3QFY2025 , compared to RM22.39 million in the same period last year . Losses were driven by high interest costs (RM56.17 million) and tax expenses (RM61.91 million) , despite strong toll collections. EBITDA surged 94% YoY to RM23.9 million , signaling operational profitability. Toll Collection & Revenue Toll revenue more than doubled to RM32.58 million , attributed to higher average daily traffic . Overall revenue declined by 52.6% YoY to RM84.24 million due to lower billings from its construction arm after the completion of three more expressway sections. Expressway Development & Future Outlook 7 out of 11 sections of the West Coast Expressway (WCE) are operational , covering 170km across Selangor and Perak . The 8th section, linking SKVE and Shah Alam Expressway, opened on Jan 22, 2025 . Final 3 sections are under construction , with full comp...