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.
CIMB Securities has expressed optimism toward Malaysia’s latest fiscal stimulus , predicting a short-term boost for the consumer sector as the government rolls out new support measures aimed at easing cost-of-living pressures and encouraging domestic spending ahead of Merdeka and Malaysia Day . Key Highlights of the Stimulus Package: RM100 e-credit for all Malaysians aged 18+, benefiting 22 million people under the Sumbangan Asas Rahmah (SARA) programme. Valid from Aug 31 to Dec 31, 2025 at over 4,100 outlets including Mydin, Lotus’s, Econsave, and 99 Speedmart. RON95 petrol price slashed from RM2.50/litre to RM1.99/litre , benefiting 18 million vehicles. More details on subsidy rationalisation to come by end-September. September 15 declared a public holiday to spur domestic tourism and service sector activity. RM500 million allocation to cap toll hikes on 10 highways , focusing on Klan...