KUALA LUMPUR, July 31 (Bernama) -- Bursa Malaysia ended higher on Friday as investors continued to accumulate blue-chip stocks in line with stronger performances across most regional markets. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 4.50 points to 1,724.90 from yesterday’s close of 1,720.40. The benchmark index opened 0.83 of a point higher at 1,721.23, and moved between 1,715.67 and 1,730.12 throughout the day. The broader market was positive with gainers outpacing losers 707 to 402, while 547 counters were unchanged, 1,085 untraded and 56 suspended. Turnover expanded to 3.03 billion units valued at RM3.56 billion from 2.49 billion units valued at RM2.25 billion on Thursday.
Warner Bros Discovery plans to lay off around 10% of employees in its motion picture division as part of a major restructuring ahead of the company’s split into two separate entities, according to a source familiar with the matter. Details: Cuts will affect marketing, distribution, production, and other units . The exact number of employees impacted has not been disclosed. The decision follows a review of the film group’s operations earlier this year. Company Restructure: Warner Bros Discovery will split into two publicly traded companies: Warner Bros: Will include the film group and HBO Max. Discovery Global: Will include CNN, TNT, and Discovery+. Business Context: The restructuring aims to shift from a U.S.-centric to a fully global model to compete in the streaming era. Warner Bros experienced box office disappointments in 2024 with titles like Joker: Folie A Deux and Furiosa , but rebounded in 2025 with hits including ...