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.
Asia: Cautious Trade Before Jackson Hole Asian equities eased on Tuesday as traders stayed defensive ahead of the Federal Reserve’s Jackson Hole symposium (Aug 21–23) . MSCI Asia ex-Japan : -0.2% Nikkei 225 : Hit an intraday record before closing -0.5%, dragged by SoftBank (-5%) after it announced a $2B investment in Intel . US dollar : Held firm at ¥147.78 ; dollar index at 98.17 (+0.2% overnight). Markets are pricing an 83.6% chance of a 25 bps cut in September , but remain cautious on Powell’s tone at Jackson Hole. Europe: Optimism on Ukraine Security Talks European futures ticked higher on optimism over progress in Ukraine–Russia peace discussions . Euro Stoxx 50 futures : +0.3% DAX futures : +0.2% FTSE futures : +0.3% Ukrainian President Zelenskiy said security guarantees could be finalized within 10 days following talks with Trump and European leaders . Trump also said he was arranging a Putin–Zel...