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.
Stock markets experienced another wild day, marked by new tariff threats and reversals from President Donald Trump . While the day ended with a red market board , investor sentiment remains uncertain amid the constant tariff drama between the U.S. and Canada . Key Points : Tariff Threats : Trump sent an all-caps social media post threatening to increase steel tariffs on Canada , but quickly reversed his stance after Ontario announced it would suspend its 25% surcharge on electricity exports to the U.S. Back-and-Forth : The U.S. has several pending tariff threats against Canada, and Canada has said it will keep its trade retaliation in place until the U.S. removes its own tariffs and agrees to free trade . Canadian Dollar Volatility : The Canadian dollar reached a weekly low due to the tariff uncertainty but bounced back. ...